Snow deal: Merlin Entertainments sells off £100m Australian ski resorts February 22, 2019 Legoland owner Merlin Entertainments has sold off its Australian ski resort portfolio for almost £100m. The FTSE 250 group, which also owns London attractions such as Madame Tussauds, the London Eye and London Dungeons, said today that the "net proceeds will be used for general corporate purposes". US mountain resort firm Vail Resorts, which has [...]
Magic touch: Greene King appoints Merlin exec as new boss January 15, 2019 Brewer Greene King said today that Nick Mackenzie would join as new chief executive in May from Madame Tussauds-owner Merlin Entertainments. Mackenzie will replace Rooney Anand in the top job and join Greene King’s board on 1 May. At Merlin he is a member of the executive committee and is responsible for the Midway portfolio [...]
Lego bricks and mortar: Merlin Entertainment signs £200m deal to open Legoland Korea by 2022 January 7, 2019 Merlin Entertainment has announced it has entered into a partnership agreement to build a Legoland Park in South Korea. The country’s first Legoland Park will be situated on the island of Hajungdo in Chuncheon, a city within a two-hour drive of nearly 24m people, and expects to create 1,600 jobs. The agreement with Gangwon Provincial [...]
Legoland owner Merlin Entertainments’ share price falls as trading shows early signs of recovery October 16, 2018 Shares in Merlin Entertainments were down more than seven per cent this morning despite the Legoland owner reporting that 2018 forecasts were in line with market expectations. The group's Midway brands, which are driven by the London market and include Madame Tussauds, the London Eye, the Sea Life Centre and London Dungeons, have started to see early signs of [...]
From Tesco’s sugary drinks to Alton Towers’ roller coaster incident: How Twitter can make you a better investor August 19, 2015 Social media has long been used as a resource to tap into sentiment. Twitter, a platform that could easily be dismissed thanks to the challenges inherent in sharing information in 140 characters, is in fact a hugely viable source of information and a vital insight into what people are saying about a brand, an event [...]
Alton Towers Smiler rollercoaster crash takes shine off Merlin Entertainments sales July 31, 2015 Merlin Entertainments has posted an increase in revenue in the first half of the year despite trading being “significantly impacted” due to a rollercoaster collision last month in which four people were left seriously injured. In a trading statement released just days after the company issued a major profits warning, the Alton Towers owner [...]
Alton Towers parent company Merlin Entertainment warns on profits after Smiler rollercoaster collision July 27, 2015 Alton Towers' parent company Merlin Entertainment's share price plummeted this morning after issuing a profit warning, following the rollercoaster collision last month in which four people were left seriously injured. The horrific accident, which occurred at the start of June, has caused “significantly reduced volumes” of customers at Alton Towers and “to a lesser [...]
Merlin Entertainments to reopen Alton Towers tomorrow, six days after Smiler rollercoaster crash June 7, 2015 Alton Towers is to re-open its gates at 10am tomorrow, six days after a crash on one of its rides. The theme park, owned by Merlin Entertainments, was closed after two carriages collided on its Smiler rollercoaster, leaving 16 people injured. Read More: Two carriages of Alton Towers rollercoaster Smiler collide In a [...]
Merlin Entertainment share price falls after it closes four rides June 5, 2015 Shares in Merlin Entertainments fell 1.2 per cent to 5.5 p in late afternoon trade after it announced the closure of four rides following an accident earlier this week. The theme park owner said today that Saw at Thorpe Park, The Smiler at Alton Towers, as well as Dragon's Fury and Rattlesnake at Chessington World [...]
Merlin Entertainments feels the heat over Alton Towers Smiler rollercoaster accident as boss Nick Varney tries to mitigate crisis June 3, 2015 Merlin Entertainments boss Nick Varney faced his toughest test as a public chief executive yesterday, dealing with the aftermath of a crash which seriously injured four people on the so-called Smiler rollercoaster at Alton Towers. Two teenagers, Joe Pugh, 18 years old, and his girlfriend Leah Washington, 17, were named as two of the [...]