Catching up on some theme park news from Europe, the owners of PortAventura World in Spain are looking to sell. The complex includes PortAventura Park, which last year was the sixth most visited park in Europe, according to the TEA/AECOM Thematic Index annual attendance report. PortAventura World also includes the Ferrari land park and Caribe Water Park.
Since opening in 1995, PortAventura has had several owners, including Anheuser-Busch, Tussauds and Universal Studios. Two private equity firms, Investindustrial and KKR, now share ownership of the park. With assistance recovering and expanding after pandemic lockdowns, they are now looking to cash out, according to a local financial document.
Media reports in Spain estimate that PortAventura World could sell for 1 billion euros, about $1.07 billion. While many fans may want former owner Universal to return and reestablish its presence in the European market, Universal likely won’t be the only potential buyer considering a deal. Merlin Entertainments, which now owns the Tussauds chain, might want to take a look, as will several Middle Eastern funds looking to expand in the tourism space.
Located on the Costa Daurada in Catalonia, Spain, PortAventura opened this summer Uncharted: The Riddle of Penance, a dark roller coaster attraction inspired by Tom Holland’s film franchise. It’s also home to Shambhala, a 2012 Bolliger & Mabillard Hyper Coaster that was featured on Theme Park Insider readers’ site. The 25 best roller coasters list last year.
If you are interested in visiting the park, our partner has discounted admission starting at US$54 on their PortAventura Tickets page.
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