EQT to sell €1.7 billion stake in Spain’s Parques Reunidos, Expansion says

A view shows EQT AB’s logo at the company’s office in Tokyo, Japan May 13, 2025. REUTERS

Sept 25 (Reuters) – Swedish private equity firm EQT  is preparing to ​sell its controlling stake ‌in Spanish theme park operator Parques Reunidos, newspaper Expansion reported ​on Friday, citing unnamed ​market sources.

• The private equity firm ⁠has hired JPMorgan to ​help with the sale ​of the stake, Expansion said
• According to the sources, the stake is ​valued at about €1.7 billion ($1.9 ​billion)
• Parques Reunidos manages dozens of theme ‌parks, ⁠zoos and water parks across Europe, including Madrid’s Parque Warner
• EQT owns 51% of the ​company, ​while ⁠Corporacion Financiera Alba and Belgian investment fund ​Groep Brussel Lambert  hold ​stakes ⁠of 25% and 23%, respectively
• EQT and Parques Reunidos were ⁠not ​immediately available for ​comment

Reporting by Javi West ​Larrañaga; Editing by Jan Harvey