PARK HOLIDAYS UK has announced its acquisition of holiday parks group Bridge Leisure which owns nine holiday parks in the West Country, Peak District, Yorkshire and Scotland.
It brings to serve the fast-growing staycation market.
Contracts for the sale were exchanged this week (09 April) and is now only subject to approval by the Financial Conduct Authority.
Park Holidays UK directors:
“Both companies have invested substantially in their parks over recent years, and created a range of high quality holiday products which people clearly enjoy,” he said.
“Whether custo deliver a first-class experience at an affordable cost.
“We will now be committing even more investment to ensuring that park facilities and services meet the highest possible standards, and in further upgrading accommodation and infrastructure.
“But it is important to the individual park identities and character which each has established over the years.
Park Holidays UK was formed over 35 years ago, and its portfolio of coastal parks has been built up largely in southern England, from Devon in the west to Suffolk in the east.
Bridge Leisure was founded in 2008 and has grown through the acquisition and development of selected holiday parks.
Parks in both groups provide extensive leisure facilities and family entertainment, together with carefully managed landscaped grounds in which holiday lodges and caravans are located.
“Make no mistake, the quality bar is being raised ever higher all the time on Britain’s holiday parks – and this union between our groups will accelerate the process even faster,” said Tony.
“With our industry now poised to gather pace, everyone is feeling very upbeat at this announcement!”
There is more information about Park Holidays UK at www.ParkHolidays.com, and Bridge Leisure’s website is at www.BridgeLeisure.com