Herschend Acquires Kennywood, Idlewild, Sandcastle Parks

Herschend Entertainment has acquired three Pennsylvania amusement parks: Kennywood, Idlewild, and Sandcastle, from Madrid-based Parques Reunidos. This marks a return to family ownership for the parks, which were previously sold in 2007, ending over a century of local ownership. Herschend plans to ensure a smooth transition for employees and guests, with no immediate changes to daily operations. CEO Andrew Wexler emphasized the company's commitment to maintaining high-quality guest experiences while exploring enhancements in the future. The acquisition also includes other properties managed by Palace Entertainment across the U.S. Herschend, known for destinations like Dollywood, aims to continue building on the strong community foundations established by the previous owners.