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Universal Studios, which recently merged with the US-based group NBC, has sold its stake in Spanish theme park, Port Aventura.
Universal’s 37 per cent stake was bought by Spanish bank, La Caixa, for around E25m.
The transaction means that La Caixa now owns 80 per cent of Universal Mediterrania, the holding company that owns the Barcelona-based Port Aventura site.
Susan Fleischman, spokesperson, said: “We have agreed a deal with La Caixa to sell our stake, but through a licensing deal, our logo will still be associated with the park.
“This means that all the Porto Aventura’s merchandise too, will still bear the Universal logo.”
In a statement, La Caixa said that sales at Port Aventura had reached annual growth rates of around six per cent.
Port Aventura’s other major shareholders include US-based beer company, Anheuser-Busch, and Spanish motorway operator, Abertis Infraestructuras.
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