New Owners Of Minnesota’s Valleyfair Announce They Are Selling The Amusement Park

As Minnesota's biggest amusement park gets ready to celebrate its 50th anniversary, some massive news just dropped about the business.

In a statement released today (March 5), Valleyfair's owner, Six Flags, announced it will be selling the Shakopee amusement park along with 6 other properties.

The news comes just a couple of years after the 2024 acquisition via merger between Valleyfair's owner, Cedar Fair, and Six Flags.

Six Flags says the sale of the Twin Cities amusement park and the 6 other venues is "part of our ongoing strategy to optimize and strengthen our park portfolio", and the decision comes after serious thought and consideration.

Here's what is known about the sale, and what it means for visitors to Valleyfair.

Who is buying Valleyfair?

Valleyfair in Minnesota is one of 7 total properties Six Flags is selling to a company called EPR Properties, which will partner with the amusement park operator company Enchanted Parks to operate the 6 U.S. parks. As for the 7th park, which is in Canada, La Ronde Operations, Inc. will take over this park.

READ MORE: Valleyfair Appears To Be Teasing Something Attraction-Wise For Their 2026 Season - What Is It?

Six Flags says all of the parks being sold will operate as normal through the 2026 season, and EPR will retain the rights to use the Six Flags branding through 2026, so there won't be any changes to ride names, signs, etc. - at least for this year.

The publication Amusement Today says Enchanted Parks will assume control of these parks, including Valleyfair, in the next 30-60 days, which will be before Valleyfair is likely to open for the season.

What does this mean for Valleyfair patrons?

In their announcement, Six Flags says visitors shouldn't notice anything different for the 2026 season, saying visitors can expect "uninterrupted fun" this season.

Six Flags says the transition "is not expected to affect the guest experience in any significant way", with regular operating schedules and all season passes and admission to be honored through the 2026 season. Pricing for admission is also not expected to change this year.

For those with regional Six Flags passes and/or questions about loyalty perks or other programs, check out the Six Flags FAQ page on this announcement.

As for the new company taking over Valleyfair, they told Amusement Today that they visited all 6 of the properties they are taking over back in December, saying while the properties are "in much better shape than if you read the headlines in the newspaper", they say "There is definitely some investment to be made to get consistent ride times up."

The company says that improving ride times and overall visitor experience will be a big point of emphasis as they take over, based on visitor reviews from the 6 properties they are taking over.

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The new ownership and management for Valleyfair and the other U.S. parks emphasize that they're in it for the long haul, telling Amusement Today they have a 40-year lease with these properties. They say, "We’re really excited about building on the rich history of each park.'

Valleyfair is celebrating a big milestone in its legacy, with the 2026 season marking its 50th anniversary.