Britannia Hotels Group has bought Pontins, the ailing North West holiday camp
business, out of administration.
operates five sites, in Southport, Somerset,
Sussex, Suffolk and North Wales.
According to Businessdesk.com, it went into administration in November and owed
£47.6m to around 1,000 creditors.
The deal is
said to safeguard 850 jobs at the iconic company.
information to follow.
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