Cedar Fair managed Gilroy Gardens under contract with the city of Gilroy, California until December 2021, after which the contract ended and was not renewed.
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21 Facts About Cedar Fair
2.
In 2005, Cedar Fair withdrew from the lease arrangement leaving Mall of America to manage the park on its own.
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3.
Cedar Fair opened its first indoor water park in November 2004, Castaway Bay.
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4.
Cedar Fair purchased the park for $145 million, reverting its name to Geauga Lake, as it was before its Six Flags branding in 2000.
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5.
Subsequently, Cedar Fair stripped the park of all references to Looney Tunes and DC Comics characters which were licensed properties owned by Six Flags.
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6.
On May 22,2006, Cedar Fair announced it had outbid competitors and intended to purchase all five parks in the Paramount Parks chain, including Star Trek: The Experience at the Las Vegas Hilton and the management agreement of Bonfante Gardens.
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7.
On June 30,2006, Cedar Fair announced that it had completed its acquisition of Paramount Parks from CBS Corporation in a cash transaction valued at US$1.
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8.
Shortly following the transfer of ownership, Cedar Fair began the process of integrating the two companies.
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9.
Individual parks continued to operate under their Paramount names during the 2006 season, however Cedar Fair began removing the Paramount name and logo from the parks in January 2007.
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10.
Cedar Fair planned to hold a shareholder meeting on March 16,2010, to vote on the transaction but postponed the meeting to April 8,2010, implying that two-thirds of the shareholder vote needed for approval wasn't yet secured.
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11.
Cedar Fair adopted a unitholder rights plan as a preventative measure to help protect unitholders in the event of any future hostile takeover.
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12.
On September 16,2011, JMA Ventures, LLC entered into an agreement to purchase California's Great America from Cedar Fair and take ownership of the Gilroy Gardens management contract.
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13.
Cedar Fair launched new websites for their parks in 2012 as well as a new marketing campaign, Thrills Connect.
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14.
About nine months later, Cedar Fair announced it had sold its Knott's Soak City: Palm Springs location to CNL Lifestyle Properties.
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15.
On October 4,2017, Cedar Fair announced that Ouimet would step down as CEO and be succeeded by COO Richard Zimmerman on January 1,2018.
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16.
On March 27,2019, Cedar Fair announced it was purchasing the land occupied by California's Great America from the City of Santa Clara.
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17.
Cedar Fair had been previously leasing the land from the County of Santa Clara for 6 to 7 million per year.
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18.
On June 13,2019, it was announced that Cedar Fair had signed a $261 million deal with Schlitterbahn Waterparks and Resorts to buy their Galveston and New Braunfels locations, with the option to buy Schlitterbahn Kansas City for an additional $6 million, and the rights to the Schlitterbahn name.
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19.
On July 2,2019, it was announced that Cedar Fair had acquired the Sawmill Creek Resort in Huron, Ohio.
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20.
On July 29,2021, Cedar Fair announced the submission of plans to the City of Sandusky to build a $28 million esports arena expansion of the Cedar Fair Sports Center.
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21.
Cedar Fair took an eleven-year lease from the buyer and intends to continue to operate the park for up to eleven years from the sale, after which it intends to close the park.
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