Six Flags and Cedar Fair are set to merge, creating one of the largest theme park businesses in North America. The merger is expected to be finalized on Monday, forming the new company, Six Flags Entertainment Corporation. This new company will have a combined value of around $8 billion, allowing for investments in new rides, attractions, food and beverage options, and consumer technologies to enhance the overall guest experience.
The merger will bring together dozens of theme parks, water parks, and resort properties across the U.S., Canada, and Mexico. Richard Zimmerman, the current President and CEO of Cedar Fair, will lead the merged company, with Selim Bassoul, the President and CEO of Six Flags, transitioning to the role of executive chairman for the board of directors. This move is anticipated to bring continuous improvement and innovation to the guest experience at the parks.
Currently, Six Flags has locations in 11 states, including parks in Montreal and Mexico City. Cedar Fair has parks in nine states, as well as a location in the Toronto area. Additionally, Cedar Fair offers accommodation options in various locations around the U.S., ranging from RV sites to hotels.
The new combined company aims to offer unparalleled family-focused entertainment, filled with fun, thrills, and lifetime memories for millions of guests across North America. With a strong financial foundation and a commitment to investing in new experiences, the merger of Six Flags and Cedar Fair will bring exciting developments to theme park enthusiasts.