Spanish company Parques Reunidos Servicios Centrales S.A has acquired the Belantis leisure park, which is located near Leipzig. The group is acquiring all the shares in the operating company, EVENT PARK GmbH, plus an additional 27-hectare site to extend the park. The parties agreed not to disclose details of the purchase price.

A CMS team headed by lead partner and M&A lawyer Dr Jörg Lips advised the sellers on all legal aspects of the transaction.

The Belantis leisure park is the biggest park of its type in former East Germany. Opened in 2003, it comprises eight different themed areas with 70 attractions, 13 restaurants and two gift shops. A range of events are also held at the site.

Madrid-based Parques Reunidos Servicios Centrales S.A. is one of the world’s largest leisure park operators. Its plans for Belantis include new attractions and extensions. The global company owns 61 leisure parks across 14 countries which attract a total of approximately 20 million visitors a year. In addition to Belantis, the group’s portfolio in Germany includes the Movie Park in Bottrop.

CMS Germany

Dr Jörg Lips, Lead Partner
Dr Jochen Lux, Partner
Dr Juliane Voigtmann, Counsel
Dr Christoph Löffler, Associate
Peter Ollesch, Associate, all Corporate/M&A
Dr Rolf Hempel, Partner, Competition & EU
Jesko Nobiling, Partner, Tax Law
Dr Ursula Steinkemper, Partner, Real Estate & Public
Dr Anja Schöder, Senior Associate, Labor, Employment & Pensions
Stefan Schreiber, Senior Associate, Intellectual Property