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  5. Codere Acquires Hipódromo Presidente Remón SA

M&A Deal Summary

Codere Acquires Hipódromo Presidente Remón SA

On December 31, 2005, Codere acquired leisure company Hipódromo Presidente Remón SA

Acquisition Highlights
  • This is Codere’s 1st transaction in the Leisure sector.
  • This is Codere’s 1st transaction in Panama.

M&A Deal Summary
Date 2005-12-31
Target Hipódromo Presidente Remón SA
Sector Leisure
Buyer(s) Codere
Deal Type Add-on Acquisition

Target

Hipódromo Presidente Remón SA

Panama City, Panama
Hipódromo Presidente Remón SA is a privately held company owns and operates horse race courses.

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Buyer(S) 1

Buyer

Codere

Alcobendas, Spain
Category Company
Founded 1980
Sector Leisure
Employees9,880
Revenue 575M EUR (2020)
DESCRIPTION

Codere is a Spanish multinational company in the private gaming sector in Europe and Latin America. Codere was founded in 1980 and is based in Alcobendas, Spain.

DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Panama M&A 1 of 1
Year: 2005 M&A 1 of 1
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