Miami Seaquarium, owned by Wometco Enterprises Inc. since 1960, has been sold to a California subsidiary of Spanish theme park operator Parques Reunidos Servicios Centrales SA. Palace Entertainment Holdings Inc., a large water park and family entertainment center operator, now owns the Miami Seaquarium. They have 37 locations across the country, including 10 water parks, seven theme parks and three facilities in Florida.
Corporate Partner Bruce Jay Colan, who represents Wometco, said Palace and Wometco negotiated for more than a year and signed the transaction a month ago.
READ: Miami Seaquarium Sold To Spanish Theme Park Co. (subscription required)
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