Kennywood, Idlewild and Sandcastle are being sold to a new company. Madrid-based Parques Reunidos has agreed to sell the parks to Herschend, the same company that owns award-winning destinations such as Dollywood, Silver Dollar City Parks and Resorts, and Wild Adventures theme parks.

Kennywood will soon be operating under new ownership those other holdings include Dollywood and the Harlem Globetrotters. Atlanta-based Herschend will acquire Palace Entertainment’s U.S. attractions,

Kennywood amusement park and Sandcastle water park will be sold to Herschend under a sales agreement with the previous owner.