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Hershey Entertainment & Resorts Co. has sold its Dutch Wonderland amusement park in Lancaster County to Palace Entertainment, the U.S. subsidiary of Parques Reunidos.
Garrett Gallia, spokesman for Hershey Entertainment, said his company had not offered Dutch Wonderland for sale, but was approached by officials with Palace Entertainment. He said the sale will help Hershey Entertainment concentrate on its Hershey holdings, including Hersheypark and the Hotel Hershey.
"In the past ten years, we have been growing our destination here in Hershey," he said. "By selling, we can devote all our energies to Hershey."
Entertainment is the nation’s largest operator of water parks and family entertainment centers. Based in California, Palace operates seven amusement parks, 10 water parks and 21 family entertainment centers in 11 states. It has three theme parks and one water park in Pennsylvania: Kennywood, Idlewild, Soak Zone and Sandcastle, which are located in the Pittsburgh area. It hosts more than 14 million visitors annually at 38 locations across the United States.
The companies had been in negotiations over the sale since May. Neither Gallia nor Palace Entertainment spokesman Rolf Paegart would reveal the selling price.
Paegart called Dutch Wonderland "a wonderful park that fits well with the company's portfolio.
He said there are no immediate plans for changes at the park.
Garrett Gallia, spokesman for Hershey Entertainment, said his company had not offered Dutch Wonderland for sale, but was approached by officials with Palace Entertainment. He said the sale will help Hershey Entertainment concentrate on its Hershey holdings, including Hersheypark and the Hotel Hershey.
"In the past ten years, we have been growing our destination here in Hershey," he said. "By selling, we can devote all our energies to Hershey."
Entertainment is the nation’s largest operator of water parks and family entertainment centers. Based in California, Palace operates seven amusement parks, 10 water parks and 21 family entertainment centers in 11 states. It has three theme parks and one water park in Pennsylvania: Kennywood, Idlewild, Soak Zone and Sandcastle, which are located in the Pittsburgh area. It hosts more than 14 million visitors annually at 38 locations across the United States.
The companies had been in negotiations over the sale since May. Neither Gallia nor Palace Entertainment spokesman Rolf Paegart would reveal the selling price.
Paegart called Dutch Wonderland "a wonderful park that fits well with the company's portfolio.
He said there are no immediate plans for changes at the park.