British Holiday Information

Ten buyers line up for Pontin’s

The future looks bright for Pontin’s after administrators KPMG announced they had received ten offers for the holiday park company.

Pontin’s, which has five holiday parks at Brean Sands in Somerset, Camber Sands in Sussex, Pakefield in Suffolk, Prestatyn Sands in Wales and Southport in Merseyside, went into administration in November 2010 and has been operating as normal since that time.

Releasing the Creditors’ report, Rob Croxen, the joint administrator of Pontins and restructuring director at KPMG said: “We’ve received a total of ten offers for the business, with the majority coming from parties who are keen to continue operating the business as a going concern and ultimately take the Pontin’s brand forward. While negotiations remain ongoing, we are confident of being able to conclude a sale in the near future.”