Who bought out Schlitterbahn?


Who bought out Schlitterbahn? Cedar Fair signed a definitive agreement to acquire Schlitterbahn Waterpark and Resort New Braunfels and Schlitterbahn Waterpark Galveston in 2019, agreeing to pay more than $260 million for the two properties.


Does Anheuser-Busch still own SeaWorld?

The parks were bought in 1989 by Busch Entertainment Corp., the family entertainment division of Anheuser-Busch, which is best known for brewing beer. In 2009, Busch Entertainment was sold to the Blackstone Group and subsequently renamed SeaWorld Entertainment.


Who currently owns SeaWorld?

SeaWorld Parks & Entertainment is a wholly owned subsidiary of SeaWorld Entertainment, Inc., a publicly traded company.


Why did Anheuser-Busch sell SeaWorld?

Anheuser-Busch InBev had been seeking a buyer for its theme parks since completing the $52 billion merger of beer giants InBev and Anheuser-Busch last year. Executives have said they want to sell off non-core assets to use the proceeds to pay down debt stemming from the merger.


Why did Schlitterbahn shut down?

In 2018, the last operating season of the park, four attractions remained closed throughout the season after an audit by regulators found that each did not comply with the Kansas Amusement Ride Act. Demolition of Verrückt began in November 2018. The park did not open for the 2019 season.


Is Schlitterbahn closing in Texas?

The Resort is open for year-round fun in the beautiful Texas Hill Country. Find your home away from home in one of our seven distinct accommodations. Several room types available for your Hill Country Getaway. Or Book Early for Summer 2024.


How deep is the water at Schlitterbahn?

Gentle swells, a rolling surf, and a maximum depth of four feet mean most of the family can enjoy The Beach Family Wave Pool.


Did SeaWorld buy Schlitterbahn?

The owner of Schlitterbahn water parks in New Braunfels and Galveston has rejected an offer to be acquired by SeaWorld Entertainment Inc.


Who owns Schlitterbahn now?

Schlitterbahn is an American brand of water parks and resorts owned by Cedar Fair. It was previously a company family owned and operated by the Henry family that was based in New Braunfels, Texas. Schlitterbahn opened its first location, Schlitterbahn Waterpark Resort, in 1979.


What happened to Schlitterbahn in Texas?

Schlitterbahn Sells New Braunfels, Galveston Water Parks In $261 Million Deal. Schlitterbahn said in a news release it sold a water park and resort in New Braunfels, Texas, and another property in Galveston, Texas, to Cedar Fair Entertainment Co.


Where does Schlitterbahn get its water?

The Original Schlitterbahn: Home to the signature Schlitterbahn Castle, this section of the park uses spring-fed water from the Comal River.