by Chris Malone
A Scottish caravan parks business has been sold to a consortium of industry veterans, it has been revealed.
Dunham Leisure was a family-owned business that managed to grow its pre-tax profits by 170 per cent in the year to February, according to the Herald.
The new owners may have been impressed with the £667,000 annual gain that took the firm’s total accumulated profits to £5.7 million.
While no official figure for the deal was announced, the newspaper reported that Yorkshire Bank did disclose that it had provided more than £8.5 million in funding to the buyers.
Among Dunham Leisure’s sites are the 600-pitch Lammermuir Hills-based Thurston Manor and Pease Bay Caravan Park on the Berwickshire coast.
Thurston Manor was purchased in 1993 by Dennis Dunham, who is now aged 73 and has experience in the caravan industry spanning four decades.
In other news, the Westmorland Gazette has revealed that world famous folk singer Katus Young is set to perform at events in Cumbria from the back of her traditional Gypsy caravan.
