Posted
Kennywood and Lake Compounce are being sold. The families that own the Kennywood Entertainment parks have agreed to sell the parks and other holdings to the Spanish-based company Parques Reunidos. The company owns amusement parks throughout Europe and entered the U.S. market this year by purchasing water parks. The companies expect to close on the deal in March.
Read more from The Pittsburgh Post-Gazette.
Anyway, a lot of products that we think are foreign, are actually produced here. A lot of things we consider American products are manufactured elsewhere. The only products you can really trust are made by Junior Achievement. ;)
I have only ever owned American-labeled cars but let's be realistic...most of the Ford's and Chevy's I've owned have been loaded with foreign built components.
But having a car with 170K miles that still runs like a clock, and having owned a car that would have gone well past 250K had it not been for an accident, you could imagine I would continue buying cars from that company.
And I don't think these cars lasted that long because the bolts were tightened better.
crazy horse said
Does this company own any other theme/ amusement parks?
According to News Plus Notes, "Parques Reunidos is really quickly becoming (or is) a heavyweight in the industry. They're the ones that acquired Palace Entertainment this past year. They have all the Boomers FECs, the two California Raging Waters water parks, several other water parks in the U.S., 10+ zoos and aquariums, and many European parks like: Parque De Atracciones, Bobbejaanland, Mirabilandia, Parque Warner Madid, the insane BonBonLand (home of the "Dog Fart" coaster), and also recently purchased TusenFryd."
There is a list of the parks they operate on the bottom of there web site(It's in spanish though).
http://www.parquesreunidos.com/
They are also the company that is operating warner bros mandrid..
http://www.parquewarner.com/ This site is in english.
There's also a really good section on "The Group" and "Our Parks".
Of interest is also the news section. They've acquired three large "chains" in the past three months. One each month actually. First it was Palace Entertainment in October, then TusenFryd in November and now Kennywood Entertainment in December.
That's a LOT of expansion in three months.
*** This post was edited by halltd 12/12/2007 5:29:57 PM ***
By the way, what kind of coaster is this?(first picture) http://www.parquesreunidos.com/parques-de-atracciones.php*** This post was edited by crazy horse 12/12/2007 5:30:30 PM ***
Same pic, different angle... http://www.rcdb.com/ig3185.htm?picture=48
So sad. It seems like as time goes on, more and more things are bought up by big companies. Not just in the amusement industry, but anything really. There will come a day where there are no mom and pop family owned parks left at all. They will all be owned by huge companies or closed. Mark my words...Holiday World, Knoebels...only a matter of time.
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