Gardaland S.r.l.

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Gardaland S.r.l. - overview

Established

1975

Location

-, VR, Italy

Primary Industry

Travel & Leisure

About

Gardaland S. r. l. is Italy's leading amusement and leisure destination, renowned for its diverse attractions and themed accommodations, creating memorable experiences for families and tourists alike.


Gardaland S. r. l. , founded in 1975 in Italy, operates as an amusement park and resort that offers a variety of entertainment and leisure activities.


The company has undergone a significant change in ownership, being acquired by Merlin Entertainment Group in December 2006 for approximately EUR 500 million. This acquisition marks a pivotal moment in its development, which enables Gardaland to leverage Merlin's extensive expertise in the themed attraction sector. The founders and early investors included entities like Investindustrial and Aletti Merchant, which realized their stake in the company shortly after the acquisition. The headquarters is in Castelnuovo del Garda, located near Lake Garda, a popular tourist destination.


Gardaland Resort is the premier amusement and leisure destination in Italy, offering visitors a comprehensive range of attractions and accommodations designed for a memorable family experience. The core product offerings include the Gardaland Park, which features numerous thrill rides, family-friendly attractions, and themed areas such as Peppa Pig Land and Fantasy Kingdom, catering to guests of all ages. Additionally, the resort encompasses three themed hotels—Gardaland Hotel, Gardaland Adventure Hotel, and Gardaland Magic Hotel—each providing uniquely designed accommodation options that enhance the overall experience. The resort also operates LEGOLAND® Water Park, which adds a water-based recreation component featuring interactive water games and colorful slides.


These products primarily serve families and tourists visiting from both domestic and international markets, including key European countries such as Germany, France, and the United Kingdom. In the most recent fiscal year of 2023, Gardaland S. r. l.


reported a revenue of EUR 178,492,307. 30 and an EBITDA of EUR 70,725,838. 20. The primary revenue streams include ticket sales for Gardaland Park and LEGOLAND® Water Park, hotel bookings, and package deals.


Admission tickets for Gardaland Park start at EUR 39 per person, while hotel packages priced from EUR 129 per person include entry to both parks and breakfast. This comprehensive pricing strategy is designed to cater to a wide range of visitors, supported by seasonal events that attract both repeat and new clientele. The company is focused on expanding its offerings and reaching new markets. Following its acquisition by Merlin Entertainment Group, Gardaland plans to enhance its attraction lineup and improve visitor experiences.


Although specific new products and their launch dates have not been disclosed, the strategy moving forward will involve utilizing the EUR 500 million investment made during the acquisition to enhance the park's infrastructure and introduce new attractions. The aim is to draw in more international visitors, particularly from emerging markets in Eastern Europe and the Middle East, by 2025. This strategy is driven by the belief that expansion into these markets will significantly increase the resort's visibility and customer base.


Current Investors

Blackstone Group, Merlin Entertainment Group Limited

Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife, Recreational & Entertainment Facilities

Website

www.gardaland.it

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Gardaland S.r.l. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified ExitCompletedGardaland S.r.l.-
Add-on, Trade SaleCompletedGardaland S.r.l.-
GrowthCompletedGardaland S.r.l.-
BuyoutCompletedGardaland S.r.l.-

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