by Joe Jeffrey
Talks for the sell-off are rumoured to take place as early as this summer
Parkdean, the largest caravan park company in the UK, is rumoured to be preparing itself for sale at a price that could be as high as £1.2 billion.
According to The Sunday Times, the company is set to consider either a trade sale or a float on the stock market in the last quarter of 2016, although a timescale for the sale is not yet thought to have been made.
Rumours of the sale come following the merger last year between Parkdean Holidays and Park Resorts, which saw the two companies team up to provide for a total of 72 holiday parks across the UK, attracting 1.8 million customers last year.
Now, private equity owners of the business, Alchemy Partners and Electra, are said to be entering into talks with investment banks regarding a sale of the business, something which could take place before this summer.
The market for caravanning and camping holidays has been steadily growing amongst those looking for to holiday on UK soil over the past few years, and this summer is expected to be a very good season for the business.
