![]() Mr Laurent Bruloy, CEO of Looping Group: “We are very satisfied to be accompanied by CFI on an acquisition process acquiring Amarante Water Park together with Amarante Golf. As a leader in Portugal with a consolidated position within the 30 largest European construction groups, Mota-Engil is present in 3 continents and 28 countries, and with holdings in approximately 280 companies. Mota-Engil is a multinational with operations on construction and infrastructure management in engineering and construction, environment and services, transport concessions, energy and mining. Rio Tâmega, Turismo e Recreio (“RTA”) operates Parque Aquático de Amarante, a regional aquatic park located in the North of Portugal, near Porto, with family slides, paddling pools and an indoor wave pool, which attracted around 150,000 visitors this year. Ergon’s current portfolio consist of 8 companies in various sectors encompassing luxury, specialty retail, industrial manufacturing and services, healthcare, media, leisure and gastronomy. With this last acquisition Looping will count around 3.6 million visitors per annum for a turnover of approximately € 82.5 million.Įrgon (is a mid-market private equity investment company with ~€500 million under management. The group consists of 14 parks located in France, Switzerland, Netherlands, UK, Spain, Portugal and Germany. Looping (is a leading operator of regional amusement parks in Europe. It is the third add-on acquisition since Ergon entered as the new anchor investor of the Group. ![]() ![]() Amarante is the fourteenth park and first park in Portugal for the Looping Group. Overall, we were grateful for the experience, it gave us a much needed break from the 103 F heatwave and gave my 8 year old an activity to burn off her energy.Lisbon – CFI Portugal was hired by Looping Group as their exclusive financial advisor on their expansion plan to Portugal. They do have a small elevator, but it's for people who "need" it and request it. Choose wisely with where you setup because after 30 flights of stairs throughout the day I was done. We setup at the upper portion and after walking down 5 flights of stairs we found the rest of the park. There are 2 distinct portions of the park, an upper and lower. I grossly underestimated the size of the park and moreso, the terrain. And the lack of shade for those lines is pretty brutal, and you can't wear sunglasses on the rides. ![]() The hard part is that the lines are all scrambled, so its hard to figure out where to stand for which ride until you do it once. Depending on the ride, some fly by in a few minutes like the multi lane slides, but the single person rides took us about 30 min-1 hour. Like most amusement parks, there are long lines. I asked a mom who clearly knew what she was doing and she gave me a 2 minute run down on what to do and her sense of urgency to get myself situated asap wasn't lost on me cause it is all a first come first serve basis and umbrellas, lockers/locks and spots to lay down do run out.every nook and cranny gets filled up with people's setups. Directional signs are lacking as far as where to get umbrellas, locks, chairs, wave pool times. Bring your own small lock to use on the lockers, or rent one for 8 euros and you get 5 back on return of the lock (at upper portion of the park). Pre-purchase your tickets to make sure you get in and have a quicker line for entry into the park. ![]()
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