Spanish firm buys Tusenfryd
Spanish amusement park giant Parques Reunidos has bought the TusenFryd entertainment complex in Vinterbro just outside of Oslo.
TusenFryd's wooden Thundercoaster is a major attraction. PHOTO: Gran May Andrine
TusenFryd's wooden Thundercoaster is a major attraction.
PHOTO: Gran May Andrine
Parques Reunidos has agreed to buy 90.2 percent of the shares in amusement park TusenFryd for NOK 29 (USD 5.37) per share, giving the park a value of NOK 383 million.
Madrid-based Parques Reunidos is the second largest operator of entertainment parks in Europe, and gained a foothold in Norway last year by buying Bø Sommarland.
"TusenFryd is a first class park that has distinguished itself with high quality, good profitability and a major knack for innovation. Now we look forward to working with the TusenFryd team to develop the park's family-oriented attractions further, and market the park to a wider audience," said Parques Reunidos managing director Richard Golding.
"TusenFryd gets a strong industrial owner that can develop the park further," said TusenFryd managing director Linda Bernander Silseth.