Forest holiday park chain up for £100m sale

Tue, 14 Nov 2017 | BUSINESS SALE

A company that houses a chain of holiday parks around the UK is hoping to find new owners in a deal predicted to be worth more than £100 million.

Forest Holidays, which owns luxury wood cabins which holidaymakers can rent, has been put up for sale by its owners, the Forestry Commission, in an effort to cash in on the business.

Beginning life in Scotland in the 1970s, Forest Holidays was established when the Forestry Commission built several cabins next to Loch Lubnaig near Stirling. It has grown from there to operate just shy of 600 cabins today, located in 9 sites across Britain, including pitches in the Forest of Dean and Sherwood Forest.

Though the Commission owns just under a fifth of the company’s shares, most of the potential £100 million windfall from the sale would make its way to LDC, the buyout arm of Lloyds Bank, which owns half the company after a backing a management buy-out in 2012.

The Forestry Commission does earn a fee for every cabin located on its woodland, however, and keeping this agreement alive is expected to be part of any deal to buy Forest Holidays.

Though nothing is yet to be agreed, The Times reports that Phoenix Equity Partners is understood to be leading a pack of bidders. Other potential buyers include buyout firm Caledonia Investments and Center Parcs, which already operates family holiday resorts in forests in the UK.

Forest Holiday’s pre-tax profits hit £6.9 million in the 12 months leading up to March 2017 – up from £6.7 million in 2016 – after revenues for the firm climbed from £32.5 million to £36.5 million.


Share this article



Latest Businesses for Sale

Roofing Contractor
North East, UK

Provides roofing services and safety system products such as slating, tiling, waterproof liquid roofing, over cladding, sheeting, felting, safety netting and guttering. Works with clients from sectors such as education, healthcare, national retail ch...

Asking Price: Offers Invited
Turnover: £5,600,000

FREEHOLD


Air Conditioning, Heating & Ventilation Contractor
West Midlands, UK

Air conditioning, heating & ventilation contractor offering consultancy, design, sales & installation to commercial, industrial & residential properties. Supplies & installs market leading products to SME’s & blue-chip customers operating in a range...

Asking Price: Offers Invited
Turnover: £1,770,000

Supply & Servicing of Vending Machines & Related Equipment
East Anglia, UK Wide

Supplies, services & maintains a range of vending equipment such as coffee machines, snack vending machines, cold drink machines, water coolers & slush machines. Companies involved in the supply, filling & servicing of food & drink vending machines,...

Asking Price: Offers Invited
Turnover: £800,000


View more businesses for sale

News Search

Latest News

 
21
 
Nov
 

Buyer sought as North East contractor enters administration | ADMINISTRATION

A buyer is being sought for Pro-Fix Installations after the ...

 
20
 
Nov
 

Swindon waste-to-gas plant construction to resume after administration | ADMINISTRATION

An unfinished waste-to-gas facility in Swindon has secured &...

 
19
 
Nov
 

UK government set to approve Cobham takeover | BUSINESS SALE

The British government is poised to approve the $5 billion t...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
21
 
Nov
 

Buyer sought as North East contractor enters administration | ADMINISTRATION

A buyer is being sought for Pro-Fix Installations after the ...

 
20
 
Nov
 

Swindon waste-to-gas plant construction to resume after administration | ADMINISTRATION

An unfinished waste-to-gas facility in Swindon has secured &...

 
19
 
Nov
 

UK government set to approve Cobham takeover | BUSINESS SALE

The British government is poised to approve the $5 billion t...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources