Member Article

York holiday firm Park Leisure acquires £15 million Wales location

York-based holiday park firm Park Leisure has acquired Plas Coch Holiday Homes in Anglesey for a cool £15 million.

Park Leisure had a turnover of £40 million across its ten parks in 2014, a 19% increase on the previous year.

The purchase of Plas Coch Holiday Homes will enhance Park Leisure’s offering of five star ‘owners’ only’ country and leisure parks in Northumberland, Lancashire, Country Durham, Herefordshire, North Yorkshire, Cornwall and now North Wales.

With the addition to their portfolio of Plas Coch, the company will now employ 300 staff members across its 11 parks, a 100% increase since 2011.

Gary Molloy, CEO at Park Leisure, said: “The acquisition of Plas Coch Holiday Homes is a major milestone for Park Leisure, helping us to achieve even bigger presence in the UK across a total of 11 sites.

“It is a significant growth opportunity for the company as we continue to push industry boundaries, offering five star, premium holiday parks unlike anywhere else in the UK.

“As we continue to grow, we will maintain this luxury, first-class service for our current owners and new buyers alike, through investing in our current parks, their facilities, and our people.”

This was posted in Bdaily's Members' News section by Clare Burnett .