James Mellors, managing director of Mellors Group, said: “Lightwater Valley is a park with real heart, history, personality, and potential, and it’s a place our own family has loved since childhood.
“We’re incredibly proud to be taking on its future. Our goal is simple: to put the park back ‘on the map’ as a major theme park, by introducing new rides, injecting new energy, and creating something truly special for families for many years to come.”
He added the new attractions would arrive in 2026 and be announced in due course.
Lightwater Valley was originally established in 1969 and was once home to the longest roller coaster in the world, the Ultimate, which held the title between 1991 and 2000.