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Bourne Leisure sells 12 caravan parks
Former managing director of Rank Leisure and Rank Entertainment, David Vaughan, is fronting a new company, which has just bought 12 caravan parks from Bourne Leisure in a £46m deal. Park Resorts is backed by Close Brothers Private Equity and aims to become a leading operator of caravan parks in prime UK holiday locations. The 12 parks were part of Bourne's Haven Leisure business, which it bought from Rank last October. Vaughan was himself operations director of Haven Leisure from 1984 to 1989. He is being joined by Alan Castledine, the current operations director and Robert Sewell who was finance and commercial director until April 2000. Vaughan says: We are absolutely delighted to have completed the acquisition and are looking forward to working with Close Brothers in building Park Resort's business as a leading operator of caravan parks.
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