A new acquisition for Looping
Looping is pleased to announce the acquisition of Rio Tâmega, Turismo e Recreio ("RTA") whose main activity is the operation of Parque Aquático Amarante ("Amarante").
Located in northern Portugal, near Porto, Parque Aquático Amarante is a regional water park with several facilities; Sensational slides, paddling pools and an indoor wave pool make this park a popular destination. The park attracted around 150,000 visitors this year.
Laurent Bruloy, CEO of Looping, commented: "We are very pleased to welcome RTA and its employees to our Group, this strategic acquisition will strengthen our south platform alongside Isla Magica and our aquatic segment exhibition, one of the four Looping's strategic pillars We firmly believe that we have the expertise to help this park reach its full potential with future investments".
