Technogym
Technogym
Technogym

Share prices rise as reports of Merlin's SeaWorld takeover mount

Merlin Entertainments is considering a bid for SeaWorld Parks and Entertainment, according to an increasing number of reports.

The eyes of the industry are sharply focused on the possible deal, as shares in the Orlando-based SeaWorld rose 4.6 per cent this week and shares in Merlin also rising 1.8 per cent.

Bloomberg quoted “people familiar with the matter”, who suggested that the UK operator had made a bid to buy part of the US company – though which part remains unknown. The report said SeaWorld has been working with advisers to explore options including a sale, with the company also receiving interest from other possible suitors.

However, Merlin’s corporate policy objects to some of SeaWorld’s main features, with the company opposing the keeping of large marine mammals, dolphins and whales in captivity.

This is not the first time Merlin has had reported interest in SeaWorld properties, with rumours of a Busch Gardens purchase appearing during the summer.

Speaking in August during an earnings call, Merlin’s chief financial officer Anne-Francoise Nesmes was asked if the operator would be interested in a possible takeover of the SeaWorld-owned properties.

“It takes two parties to do a deal," she said. "So we do not know what SeaWorld’s intentions are. But we do believe that those assets are interesting and we could certainly do a lot with them particularly around accommodation.”

Merlin, which has a market value estimated in US$6.1bn (US$5.2bn, £4.7bn), owns more than 100 attractions worldwide, which includes the world’s largest aquarium chain – Sea Life.

In addition to its SeaWorld parks, SeaWorld Parks and Entertainment also owns its two Busch Gardens theme parks in Williamsburg and Tampa, the Sesame Place attraction near Philadelphia, five waterparks across the US and Discovery Cove in Orlando. It is developing an orca-free theme park in Abu Dhabi and a second Sesame Place theme park at a location yet to be confirmed.

Earlier this year the Zhonghong Zhuoye Group became SeaWorld’s largest shareholder, with the Chinese investor purchasing a 21 per cent stake in the company. As a result, several Zhonghong executives have since been added to SeaWorld’s management structure – most recently seeing Yoshikazu Maruyama named its new chair – with plans to develop future themed entertainment destinations, including theme parks, waterparks and FECs, in China, Taiwan, Hong Kong and Macau.

SeaWorld has seen its share value drop 25 per cent in 2017 as CEO Joel Manby tries to turn around the company’s public image in the wake of the ongoing backlash from the 2013 documentary Blackfish, where it was alleged to be mistreating its orcas.

Attractions Management has contacted both Merlin and SeaWorld for comment.

Merlin Entertainments  Merlin  SeaWorld  Busch Gardens  Nick Varney  Joel Manby  takeover  Zhonghong Zhuoye Group  visitor attractions 
Related stories
03 Oct 2017

Warwick Castle set for 80-bed hotel as Merlin submits 10-year masterplan

28 Sep 2017

Legoland Florida gives 20,000 tickets to kids affected by Hurricane Irma

19 Sep 2017

Legoland bringing VR coaster racing experience to Florida, Malaysia and Germany parks

15 Sep 2017

David D'Alessandro to step down from SeaWorld board as operator names Yoshikazu Maruyama new chair

10 Aug 2017

SeaWorld continuing with Chinese expansion plans despite domestic woes

08 Aug 2017

SeaWorld to cut further costs following poor first half of 2017

07 Aug 2017

SeaWorld names Marc Swanson as CFO

07 Aug 2017

Legoland performs for Merlin, but UK attractions struggle following terror attacks

01 Aug 2017

Merlin chief executive to deliver keynote address at IAAPA 2017

28 Jul 2017

Last captive orca born at SeaWorld dies

26 Jun 2017

SeaWorld reveals government subpoena requests

Merlin Entertainments is considering a bid for SeaWorld Parks and Entertainment, according to an increasing number of reports. The eyes of the industry are sharply focused on the possible deal, as shares in the Orlando-based SeaWorld rose 4.6 per cent this week and shares in Merlin also rising 1.8 per cent. Bloomberg quoted “people familiar with the matter”, who suggested that the UK operator had made a bid to buy
TAW,VAT,PRO
Merlin reportedly has interest in part of SeaWorld but its main parks are in conflict with company policy over large captive sea creatures
More news
News stories: 1 - 30 of 7665     
 
 
 
News stories: 1 - 30 of 7665     
 
 
 
company profile
Company profile: Art of Cryo
Art of Cryo is a new division of a renowned family business with 30 years’ experience in ultra-low temperature equipment. A 26-year old legacy of building the best quality solutions for whole-body cryotherapy is the foundation to offer our high performance cryo chambers - The Art of Cryo Vaultz®.
Try cladmag for free!
Sign up with CLAD to receive our regular ezine, instant news alerts, free digital subscriptions to CLADweek, CLADmag and CLADbook and to request a free sample of the next issue of CLADmag.
sign up
features
Local, natural materials have been used to create an organic, calming feel. Views of the surroundings take centre stage
"Wellness embraces the entire holiday experience"

The design of the newly-opened Lefay Resort and Spa Dolomitti in Italy aims to celebrate and protect its spectacular surroundings

Landscape design: Back to nature
Alan Metcalfe
"When people are a bit scared, they gather together"

Featuring a vibrating glass platform and one of the US’s longest tree canopy walks, Whiting Forest has been designed to bring visitors closer to nature and to one another

Health & Fitness: Working it
"We’ve designed the space so that the atmosphere is intimate"

Les Mills’ new studio spaces at its iconic Auckland City Gym showcase a trend away from masculine ‘grunty’ gyms to something altogether different

Catalogue Gallery
Click on a catalogue to view it online
To advertise in our catalogue gallery: call +44(0)1462 431385
features
Polizzi worked closely with architect and designer Tommaso Ziffer on Hotel de la Ville in Rome
Olga Polizzi is director of design for Rocco Forte Hotels and also owns two of her own hotels
"On Via Sistina, everything breathes history. At the same time I wanted to reflect the modern hunger for the fantastical - Tommaso Ziffer"

Following the highly anticipated launch of Rome’s Hotel de la Ville, Rocco Forte’s director of design reflects on a fascinating project

Marianne Shillingford
"The technology involved in paint is extraordinary"

Used cleverly, colour has the power to influence how people use the spaces they inhabit, says the creative director of Dulux

features
"Funding woes and murky timelines are common problems. It can be easier to make a difference one small project at a time"

From parks designed to mitigate the effects of flooding to warming huts for one of the world’s coldest cities, these projects have been designed for increasingly extreme climates

Mary Celeste Beall is the owner of Blackberry Mountain and Blackberry Farm
"Sam was such a champion for the team, and my goal is simply to carry that same torch"

As Blackberry Mountain resort opens in Tennessee, we find out why the project is a deeply personal one for owner Mary Celeste Beall

The museum’s glass façade was designed to evoke a pleated Roman toga
Elizabeth de Portzamparc
"We need to stop the destruction of our world through predatory practices. We need to think of the future"

The architect behind Nimes’ Musée de la Romanité on designing to counter loneliness and the need for more cultural buildings

cladkit product news
Alberto Apostoli and Newform collaborate to launch the A.Zeta showerhead
The showerhead offers two modes; rainfall or waterfall
Megan Whitby
Italian architect Alberto Apostoli has renewed his partnership with Newform – an Italian wellness company – and designed A.Zeta. A.Zeta ...
Fabio Alemanno Design uses elegant semi-precious stones to create memorable spa experiences
Alemanno believes the stones are well-placed in the spa environment thanks to their capacity to positively support physical and mental health
Megan Whitby
Fabio Alemanno Design has expanded its collection with semi-precious stones to enhance spas, wellness facilities, hotels and private residences. The ...
Cosm unveils Experience Centre with ‘one of a kind’ LED dome
The new Experience Centre houses a 20m LED dome
Magali Robathan
Cosm, a global technology company that builds end-to-end solutions for immersive experiences, has unveiled its Experience Centre which houses a ...
cladkit product news
Móz Designs columns anchor the world’s largest indoor aquarium
The design of the columns was inspired by the sea
Magali Robathan
After a two-year renovation, Oakland-based metal experts Móz Designs have unveiled their inclusion in Georgia Aquarium’s new shark gallery. Located ...
Diamond balloon concept merges tourist attraction with advertising billboard
Magali Robathan
A group of Dutch engineers have presented a new attractions concept that combines a flying observation cabin with LED digital ...
Christie laser projectors power new Five Senses Bubble dome theatre
The dome aims to integrate technology with arts and culture
Magali Robathan
Christie® GS Series 1DLP® laser projectors are delivering vivid and lifelike visuals in a new dome theatre located in Xiong’an ...
cladkit product news
Eden project uses drones to spell out climate change warning
Magali Robathan
Almost 300 drones were used to signal an environmental message above the Eden Project’s biomes, during the UN Climate Change ...
Jaffe Holden helps bring Academy Museum of Motion Pictures alive
Jaffe Holden provided architectural acoustics for the Academy Museum
Magali Robathan
Acoustical consulting firm Jaffe Holden provided architectural acoustics and audio/video design services for the recently opened Academy Museum of Motion ...
LianTronics’ glasses-free 3D Star Trek LED screen attracts attention
Magali Robathan
LianTronics’ giant curved LED wall with stunning glasses-less 3D spaceship display effect has attracted many on the street of Chengdu, ...
x
Sign up with CLAD for regular news updates
Technogym
Technogym