Palace Entertainment, a subsidiary of Parques Reunidos, one of the leading global operators of amusement parks with more than 60 different attractions assets around the world, today announces its acquisition of Adventureland Resort in Altoona, Iowa. Adventureland, which has been a family-run business since opening its doors in 1974, has more than 100 rides, shows, and attractions for all ages, from mild to wet-and-wild and feature shows throughout the park for a variety of family fun and entertainment. The acquisition and Palace’s expansion of the venue will introduce Adventureland into a portfolio of some of the best known and operated parks in the world. Similar to Adventureland, many of these venues hold and maintain a unique and timeless heritage where they operate.