Parques Reunidos Servicios Centrales, S.A. (BME:PQR) reached an agreement to acquire Tropical Island Management GmbH from Tanjong Public Limited Company for approximately €230 million on December 11, 2018. The acquisition will be financed with an additional tranche to the Parques Reunidos’s existing syndicated credit facilities with similar conditions to the existing financing. Tropical Islands has revenues of approximately €71 million and EBITDA of approximately €20 million. The deal is yet pending clearance from the German Competition Authorities and other customary approvals and is expected to close by February 2019. The transaction is expected to be earnings accretive from year one. As of January 9, 2019, the transaction has been approved by the antitrust authorities. Nomura International Plc acted as exclusive financial advisor to Parques Reunidos. Rothschild GmbH acted as financial advisor to Tropical Island Management GmbH. Holger Engelkamp , Alexander Wolff, Thomas Dörmer, Matthias Köhler, Felix Diehl, Andreas Schulz, Katharina Weiner, Maximilian Voll, Sonja Klein, Christian Burholt and Alexander Iken of Baker & Mckenzie Partnerschaft Von Rechtsanwälten Wirtschaftsprüfern,Steuerberatern Und Solicitors acted as legal advisors to Parques Reunidos Servicios Centrales, S.A. (BME:PQR). Jürgen van Kann, Tobias Caspary, Katrin Gänsler, Thorsten H. Stücklin, Peter Breschendorf , Jan Thomas Petersen, Max Küttner and Anjela Keiluweit of Fried, Frank, Harris, Shriver & Jacobson LLP acted as legal advisor to Tanjong Public Limited Company. Deloitte S.L. acted as an accountant for Parques Reunidos Servicios Centrales.