Lappset Group boost expertise with majority shareholding of Fantasia Works
Lappset Group, a provider of play and sport activities for themed attractions, has strengthened its theme park expertise by acquiring 51 percent of the shares of Fantasia Works.
Lappset Creative designs, supplies, and installs themed activity parks with a number of internationally renowned children’s brands. Lappset’s main brand partners are, amongst others, Mattel Inc. with its brands Thomas and Friends, Fireman Sam and Bob the Builder. Lappset Creative also designs and builds family entertainment centres with the Peter Rabbit brand, the 150 years old character from Beatrix Potter’s beloved books.
Lappset Creative also works closely with Merlin Entertainments, delivering Peppa Pig themed indoor family entertainment centres to China and the US.
With this deal, Fantasia Works becomes the fourteenth subsidiary of Lappset Group – the company will continue to operate under its current trading name, and all of its twenty employees will continue working in Kuopio.
Fantasia Works has an established background in the design and build of themed play equipment, interactive games and props, as well as expertise in designing functional science centres and themed museums.
“With this deal, a new chapter begins for Fantasia Works enabling us to be involved in the global growth of the theme park sector, something we probably couldn’t have succeeded in doing alone. Together we form a combination that is one of the world’s finest in themed activity parks”, tells founder and creative director of Fantasia Works, Jere Ruotsalainen.
“The past 12 months we have faced strong growth and globalisation within Lappset Creative. Today, we are designing and building indoor parks for Merlin Entertainments in China and the USA. In addition, there is an ever-increasing demand for our services in Europe. We have worked together with Fantasia Works since year 2012. When we made the decision to invest in enhancing our own resources and expertise, it was only natural for us to first turn to the owners of Fantasia Works Oy. We perfectly complement each other’s expertise and this deal enables us to realise our growth potential”, adds director of Lappset Creative, Johan Granholm.