Huis Ten Bosch Investment Deal with Fosun Group Falls Through

In a brief note published on its webpage on February 12, the major travel agency H.I.S. announced that its anticipated investment deal with the Fosun Group of China regarding the Huis Ten Bosch theme park in Sasebo, revealed last December, had fallen through.

“We inform you that the consideration we said we would perform is no longer being considered,” the statement read, giving no information about the reasons for the reversal.

The plan reported in early December was that the Fosun Group would take a 25% stake in Huis Ten Bosch and be given one seat on its board of directors. The objective was to boost efforts to attract Chinese tourists to the theme park. Huis Ten Bosch currently receives about 60,000 Chinese tourists per year, and the aim was to see that number jump to about 200,000 Chinese tourists.

It is unclear how the breakdown of this investment deal will impact Nagasaki Prefecture’s plan for an IR bid at Huis Ten Bosch. (AGB Nippon)