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You are at:Home»Entertainment»Oceanering sells its entertainment unit in Falcon beyond
Entertainment

Oceanering sells its entertainment unit in Falcon beyond

May 17, 2025004 Mins Read
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Oceaneling Entertainment Systems (ESO), a unit of International Oceseering, Inc. OII, and Falcon’s Beyond recently announced that OES was acquired by Falcon’s Beyond – a decision that brings together two decades of collaboration in a single entity and highlights the powerful vision of the future of theme entertainment. This transaction follows a letter of intent announced on November 19, 2024, with Falcon – rather than infinite acquisition Partners LLC – ultimately ending the purchase.

This transition allows OES to continue serving industry with the same trusted team, patented innovations and engineering excellence – but now with extended creative capacity and global scope under the umbrella of Falcon.

OES is a award -winning leader in the entertainment industry and exhibition equipment for 25 years and is known to develop world -class parks, complex rides and spectacle systems. It is well known for having received 12 prestigious Thea prizes from the thematic entertainment association for its Ride & Show systems.

Over the past two decades, OES and Falcon’s Global have joined several times to develop several themed parks in the world. As owner of OES, Falcon’s Beyond would use his competence to develop several trips and theaters to come and keep the key employees of the OES to effectively exploit the company.

Under the acquisition agreement, Falcon has acquired the global portfolio of technologies patented by the OES, as well as its proprietary engineering and manufacturing processes. The company has also resumed the lease of an installation of more than 106,000 square feet to improve its research, development, test and integration capacities. The key members of the experienced team of OES joined Falcon in the context of the agreement. In addition, Falcon’s has the possibility of buying select oes stocks no later than July 23, 2025.

The acquisition strengthens and significantly accelerates the expansion of Falcon’s attractions as a world leader integrated vertically into advanced entertainment systems, technologies, personalized engineering and turnkey solutions. Strategically, it expands Falcon’s service offers, diversifying its customers, extends the scope of the market and unlocks new income opportunities. The agreement should contribute positively to future profits, align with long -term growth objectives and increase the value of shareholders. It also improves Falcon’s ability to provide advanced attractions for its own destination developments and third -party customers around the world.

Oceanering International, based in Houston, based in TX, is one of the main providers of offshore equipment and technological solutions to the energy industry. Currently, OII has a Rank # 3 Zacks (Hold).

Investors interested in the energy sector could examine certain actions that are best classified as Prairie Operating Co. SUSTAIN, Global Partners LP GLP and Develop Energy Corporation Ex. While Prairie Operating and Global Partners are currently displaying a Rank # 1 of Zacks (Strong Buy), Expand Energy has a Rank # 2 Zacks (Buy). You can see the full list of Zacks # 1 stocks today here.

Prairie Operation, based in Houston, is an independent energy company engaged in the development and acquisition of proven oil and natural gas resources mainly in the United States. The estimate of the ZACKS consensus for the 2025 Prop profits indicates growth of 389.05% in annual sliding.

Global Partners is a Limited Delaware partnership formed by the affiliates of the Slifka family. Global Partners has, controls or has access to one of the largest terminal networks of refined petroleum products in New England. The estimate of the ZACKS consensus for GLP profits in 2025 indicates growth of 17.84% in annual sliding.

Expand Energy is a leading American natural gas producer formed thanks to the fusion of Chesapeake Energy Corporation and Southwestern Energy Company. The estimate of the ZACKS consensus for the benefits of the EXE in 2025 indicates growth of 444.68% in annual sliding.

Do you want the latest recommendations from Zacks Investment Research? Today you can download 7 best actions for the next 30 days. Click to get this free report

Oceaneling International, Inc. (OII): free stock analysis report

Global Partners LP (GLP): free actions analysis report

Operating prairie co. (prop): free stock analysis report

Develop Energy Corporation (EXE): free actions analysis report

This article initially published on Zacks Investment Research (Zacks.com).

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