COMPAGNIE DES ALPES Boulogne, January 8, 2015 - Today, Compagnie des Alpes (CDA) completed the sale of the Dolfinarium, located in Harderwijk, Netherlands, to Continental Leisure Projects SARL, an affiliate of Aspro Group, which will also purchase the Walibi Sud-Ouest Leisure park, located close to Agen, France, by the end of January. Employee representation bodies have just issued a positive opinion regarding this initiative.
These two transactions are in line with CDA's strategy of refocusing its Leisure park portfolio, announced a year ago and confirmed on December 18, 2014 during the release of the Group's annual results. Those results illustrated strong growth in Leisure destinations.
The transaction represents a total value of €37.5 million, paid in cash. In FY 2013-2014, the two sites concerned generated sales of €22.5 million and approximately 6% of EBITDA in the Leisure destination business unit.
Walibi Sud-Ouest will maintain its brand identity for at least three years.
Dominique Marcel, Chairman and CEO of Compagnie des Alpes, declared: "This transaction highlights the intrinsic value of CDA's sites, particularly those at the heart of our strategy."
www.compagniedesalpes.com
With more than 23 million visitors and €693 million in sales (financial year ended 09/30/14), Compagnie des Alpes is an international top name in the leisure industry. The world leader in Ski areas, CDA is active in 15 of the world's most prestigious ski resorts, including Tignes, Val d'Isère, Chamonix and Méribel, as well as in Japan.
Ranked among the Top 10 worldwide players in the leisure industry, it operates 16 parks throughout the world, including two of the 10 most visited Leisure parks in Europe, Futuroscope (1.6 million visitors) and Parc Astérix (1.7 million visitors), as well as Walibi parks in France, the Netherlands and Belgium. CDA is also piloting development of the Grévin brand (wax museums) all over the world (Paris, Montreal, Prague, Seoul (2015), Vevey-Switzerland (2016).
Based in Boulogne Billancourt, France, Compagnie des Alpes has 5,000 employees around the world. CDA has been listed on Euronext Paris since 1994.
CDA is in the indices CAC All-Shares, CAC All-Tradable, CAC Mid & Small, and CAC Small. ISIN: FR0000053324; Reuters: CDAF.PA; FTSE: 5755 Recreational Services.
Contacts: Compagnie des Alpes: | Victoire Aubry | +33 1 46 84 88 97 | victoire.aubry@compagniedesalpes.fr |
Sandra Picard Alexis d'Argent | +33 1 46 84 88 53 +33 1 46 84 88 79 | sandra.picard@compagniedesalpes.fralexis.dargent@compagniedesalpes.fr |
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Compagnie des Alpes SA issued this content on 2016-01-08 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-13 16:53:49 UTC
Original Document: https://www.compagniedesalpes.com/sites/default/files/informations-reglementees/informations-permanentes/2016/cp_cession_dolfi_ws0_vdef_en_080115jsra.pdf
