Profile
Since its inception in 1967 as a small-sized Spanish operator, Parques Reunidos has become, through organic growth and acquisitions, one of the leading operators of leisure parks in Europe. The company operates through a portfolio of regional and local parks with strong brands, including Bobbejaanland (Belgium), Mirabilandia (Italy), Warner (Spain) and Tropical Islands (Germany).
2%
Portfolio value 06/30/2026
Investment case
The local and regional leisure park market benefits from structural factors, including:
- Appeal of experience
- “Staycation” (1) effect providing resilience during downturns
- High industry fragmentation with consolidation potential
Parques Reunidos is uniquely positioned:
- Large and well-diversified portfolio of parks in multiple countries with well-known local brands
- Multiple avenues of organic and external growth, and operational improvements
- Strong M&A track record with the ability to transfer best practices to newly-acquired parks
(1) A holiday spent in one’s home country or at home and involving day trips to local attractions