Owners reject £250m takeover bid for Oakwood theme park

EFFORTS to revive what was Wales' biggest theme park have come to a halt after its Spanish owners rejected a £250m takeover bid from a local consortium.

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Generations of visitors were left devastated when Oakwood theme park in Pembrokeshire closed in March after nearly four decades of operation.

Once a beloved staple for thousands of Welsh families and schools, the 90-acre park was described as a “rite of passage”, as well as being Wales’ largest and most well-known attraction.

Its owners, Spanish leisure firm Aspro Parks, announced the closure following years of financial difficulty. Despite investing more than £25m since acquiring the park in 2008, the owners said that the steady decline of visitor numbers made the business unsustainable.

Aspro Park’s statement at the time read: “It is with much sadness that we have to announce the immediate closure of Oakwood Theme Park and confirm the park will not open for the 2025 season.