PAG has entered into an agreement with H.I.S. Co. to acquire Huis Ten Bosch Co. (HTB), one of Japan’s largest theme parks, for an equity valuation of approximately JPY100 billion ($720 million). The acquisition expands PAG’s franchise in Japan and signifies its long-term commitment to the Japanese market and economy.
Huis Ten Bosch, with a history of 30 years, is a household name in Japan. It is best known for its authentic recreations of traditional European-style cityscapes, as well as popular flower and fireworks festivals, musical events and light shows, and next-generation interactive entertainment. Attractions include the kid-friendly Fantasy Forest, dinosaur-themed adventure tour Jurassic Island, and the interactive light attraction Fantasia City of Light. Spanning 376 acres, the park also includes five hotels and several world-class restaurants, and welcomed over two million visitors annually from Japan and abroad before the pandemic.
PAG plans to expand Hu