James Caan acquires final two Von Essen hotels
Entrepreneur James Caan has acquired the two remaining hotels from the former Von Essen portfolio of hotels.
The former Dragons' Den star purchased the Ston Easton Park hotel near Bath and Sharrow Bay hotel in the Lake District through his private investment vehicle, Hamilton Bradshaw.
Von Essen went into administration with debts of around £300m in April 2011. The 27 former Von Essen hotels has since been sold to a number of companies and operators, with Halcyon Hotels and Resorts acquiring seven properties in December 2011.
• The purchase of the hotels is the latest leisure venture for James Caan. In 2009, he partly financed the launch of budget health club chain nuyuu fitness alongside two former LA Fitness employees - Ben Silcox and Norris Panton.
Caan offloaded the nuyuu business to énergie Group a year later after the chain failed to hit its membership targets.
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