Commercial Aquatics Australia provides aquatic solutions nationwide and is one of the largest and most experienced companies specialising in the design, construction, renovation, service, maintenance…read more
Merlin confirms Living and Leisure Australia takeover
UK attractions giant Merlin Entertainments Group has this week confirmed the unconditional takeover of Living and Leisure Australia (LLA) Group.
LLA's interests include the Melbourne Aquarium, Underwater World Mooloolaba and the Victorian ski resorts of Hotham and Falls Creek, the Otway Fly and Illawarra Fly treetop walks and Asian assets including Siam Ocean World in Bangkok, Shanghai Chang Feng Ocean World in China and Busan Aquarium in South Korea.
Merlin Sales and Marketing Director Rob Smith told media "as you can imagine we are very excited and delighted to now have these wonderful attractions as part of the Merlin portfolio, and very much look forward to realising their full potential.
"Merlin's growth and continuing success lies very much in our strategy of continuous investment in all our attractions."
As part of the acquisition, LLA Directors Bruce McComish, Jolyon Dische, Michael Johnston and Guy Jalland have resigned, with Merlin Entertainments Group executives Colin Armstrong, Edward Fuller and James Squirrell appointed in their place.
A Merlin representative said its offer of $5.14 per LLA security was the highest price it would pay.
Given there had been acceptances for more than 90% of LLA securities, the LLA board did not expect any superior proposal to emerge, the representative explained.
31st December 2011 - Merlin advances Living and Leisure Australia takeover
19th December 2011 - Merlin snaps up Living and Leisure Australia
17th December 2011 - Aquarium investment to benefit Melbourne tourism
10th March 2011 - Merlin completes Sydney Attractions Group purchase
11th October 2010 - Otway Fly announces Zip Line Adventure tour
1st September 2010 - Sydney Aquarium to Present 200 million years of evolution
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
With its sleek good looks and easy-to-use yet powerful functionality, Envibe is the premium fitness club software for the Australasian leisure, recreation and fitness industry. We are the most…read more
INTRODUCTION Abel Sports is Australia’s leading manufacturer and suppliers of Goal Posts, sports ground safety netting systems and coaches boxes for Stadiums ,Sports Clubs, Councils and…read more
About Priava's Technology - Priava is a cloud-based and centralised venue and event management system aimed at venues of all sizes. With its familiar and easy-to-use web interface, the…read more
Centaman has been a market leader in Enterprise Software Solutions for the leisure and recreation industry and both profit and not-for-profit attractions since 1991. It offers a wide range of software…read more
Ausfit began in 1992, providing software services to the health and fitness sector including ClubWise, a fully hosted web-based product which combines state of the art club management software,…read more
Smart Connection Consultancy is a boutique sport and recreation consultancy who has become one of Australia’s leading advocates for the use of synthetic sports surfaces as a vehicle to grow…read more
Gladstone Health & Leisure (Gladstone MRM Pty Ltd Australia) is a leading supplier of leisure management and fitness software and is endorsed by leading health and fitness professionals and…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!