The charity that currently runs Paignton Zoo and Newquay Zoo has confirmed that a new owner has been secured for both sites.
According to the Wild Planet Trust, Dutch leisure group Libéma will take over and is expected to “protect the future” of the zoos while continuing their important conservation work.
The two zoos, home to roughly 2,850 animals, including many endangered species, were put up for sale earlier this year due to rising operational costs.
Libéma’s CEO, Dirk Lips, said the company was eager to get involved.
“When the chance to invest in these remarkable zoos came up, we didn’t hesitate,” he said.
Libéma is set to assume control on 1 January, and Mr. Lips shared that the company intends to invest at least £10 million into the attractions over the next two years.
Commercial operations will officially transfer to Libéma on 1 January 2026.
Wild Planet Trust’s interim CEO, Stephen Kings, described the sale as the beginning of a promising new phase.
“Under Libéma, both zoos are not only secure but positioned to flourish,” he said. “Their values align with ours on animal care, conservation, and visitor experience. We expect to see major improvements in the years ahead.”
Although the zoos will no longer operate as charities, the trust emphasized that Libéma is still fully committed to conservation goals.
Future plans include developing a giraffe savannah and bringing rhinos back to Paignton Zoo.
Mr. Lips noted that Libéma already manages four zoos.
“We’ve been wanting to expand our work in conservation, education, research, and animal welfare,” he said. He also added that zoo staff had been very welcoming and that he looked forward to collaborating with them.
Sarah Barr, Chair of the Wild Planet Trust, said she believes the zoos will “grow stronger than ever” under Libéma’s management.