The merger of two of North America’s largest theme park companies, Six Flags and Cedar Fair, is set to create a new combined entity that will dominate the industry. The merger is expected to be finalized on Monday, with a company worth an estimated $8 billion.
Under the new leadership structure, Richard Zimmerman, President and CEO of Cedar Fair, will serve as president and CEO of the merged company, while Selim Bassoul, President and CEO of Six Flags, will become the executive chairman of the board of directors. The merger brings together dozens of theme parks, water parks, and resort properties across the U.S., Canada, and Mexico.
The combined company will offer guests unique and thrilling experiences at their parks. Selim Bassoul expressed excitement about the merger, highlighting the opportunity to bring together two iconic brands and create something even greater for our guests. Cedar Fair President Richard Zimmerman also emphasized the importance of the merger in enhancing financial flexibility to invest in new rides, attractions, and technologies to improve guest experience.
Guests of both companies can expect to see enhancements and improvements in the parks and attractions following the merger. This includes more exciting rides and attractions that will make each visit more memorable than before. The merged company aims to provide guests with unforgettable experiences that they won’t find anywhere else.
The merger between Six Flags and Cedar Fair is a significant development in the theme park industry. It creates a major player that will continue to innovate and deliver exceptional experiences for guests across North America.