August 2006: Parques Reunidos acquires 100% of the share capital of Mirabilandia, the Ravenna based attractions park which is the second largest park in Italy after Gardaland.
Mirabilandia attracts over a million visitors a year and is one of the most modern parks in Europe. Its attractions include rides and attractions for all ages, seasonal shows and a water park. The transaction value is approximately €100 million.
Parques Reunidos has become European fastest growing attractions group with 5 acquisitions madeover seas since it was purchased by Advent International and the current management team in 2003.
SOCIOS originates the acquisition opportunity and advises Parques Reunidos in all aspects of the transaction.