7th Mar 2014 06:55
LONDON (Alliance News) - York-based Park Leisure 2000 Ltd Friday said it has received a GBP29.5 million funding package from Royal Bank of Scotland Group PLC, in a deal that sees the bank become its sole banking partner.
The holiday park operator said the financing package will help it to continue its strategy of growing the business both organically and through acquisitions.
"We have been impressed from day one with Park Leisure?s ethos for excellence and also their desire for measured growth and ongoing investment in their parks as reflected in their 5 star status. We are delighted to be able to support the growth of one of the UK?s leading holiday home park operators and we are excited about being a part of this highly successful business as it continues to progress," Mike Allen, RBS relationship director, said in a statement.
By Samuel Agini; [email protected]; @samuelagini
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