Tuesday, November 16, 2010

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United Parks takes on a new park, Dutch Wonderland

The English group United Parks continues to grow. Just acquired (through its U.S. subsidiary Palace Entertainment) Amusement Park Dutch Wonderland as the company announces . This park owned by Hershey Entertainment & Resorts , a group that sought a buyer for the park as pennlive.com , but Parks Meeting as proposed an attractive price to buy Dutch Wonderland, they decided to sell it. This will allow Hershey Entertainment & Resorts focus on their other activities (including, Hersheypark and the Hershey Hotel.)
Dutch Wonderland is in Pennsylvania (Northeast U.S.). It is a small park open since 1963 which has 30 rides (including a wooden roller coaster and a steel). Richard T.
Golding, president of Palace Entertainment, said: "The acquisition of Dutch Wonderland is a step in the growth strategy of Parks Meeting, which consists of the acquisition and successful integration of park leaders. In light of the current situation in financial markets, this acquisition demonstrates the ability of the group United Parks to fulfill its growth strategy. "

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