Bourne Leisure weighing up sale of Butlin's holiday camps

The owner of Butlin’s is weighing a sale of the holiday camp chain less than a year after acquiring its parent company.

Bourne Leisure, which also owns Haven Holidays and adult-only Warner Leisure Hotels, has appointed investment bank Rothschild to explore a potential disposal. Blackstone, the private equity firm, acquired a majority stake in Bourne in January, which valued the group at around £3 billion and left the founding Cook, Allen and Harris families with a significant minority stake in the group. News of the potential sale was first reported by Sky News.

It is believed that the holiday camp business could secure a price tag of between £200 million and £250 million, if a sale materialises.

Butlin’s was founded by Billy Butlin to