Negotiations between the management of the Isla Magica theme park in Sevilla, unions and a consultant from Deloitte have resulted in a tentative agreement on redundancies. The park was recently taken over by the French Looping Group who announced its intention to streamline the loss-making concern.
Isla Magica opens on Saturday
The Isla Magica theme park in Sevilla opens for the new season on Saturday with thirty rides and shows.
Sale of Isla Magica
CaixaBank has reached an agreement with Looping Group, a French group specializing in the management of parks controlled by U.S. investment firm HIG, for the sale of the Isla Magica theme park in Sevilla. CaixaBank owns 82.8% of the share capital of Isla Magica.
No season tickets yet for Isla Magica
Season tickets for Isla Magica in Sevilla for 2013 are still not available as the management company Parque Isla Mágica S.A. (Pimsa), now owned by La Caixa, has so far failed to agree an opening schedule for next year. La Caixa is looking to sell the theme park.
Future of Isla Magica theme park under discussion
The workers committee and the management team of Parque Isla Mágica S.A. (Pimsa) are meeting today to discuss the future of the theme park in Sevilla, with the majority shareholder, Caixabank, favouring the sale of the business due to the general scenario of recession and the crisis in the theme park sector itself.
Record visitor numbers at Isla Magica
Over 20,000 people visited the Isla Magica theme park in Sevilla at the weekend for the Halloween Weekend Party, setting new records for attendance. In addition, around 80% of visitors turned up suitably ghoulishly dressed.
‘Pirate year’ at Isla Magica
The Isla Magica theme park in Sevilla has opened for a new season with new attractions having been added following new investment of over one million euros.
Isla Magica in Sevilla to expand
The Junta de Andalucía and the Sociedad Parque Isla Mágica (PIMSA) have signed the concession contract for the Isla de la Cartuja, the location of the Isla Magica theme park, after a year of negotiations.