The family which co-founded one of the UK's largest holiday and leisure companies is on the cusp of a £300m deal to take back control of Butlin's, BusinessLive understands.
The Harris family which jointly established Bourne Leisure - the parent company of Butlin's, Haven Holidays and Warner Leisure Hotels - in the 1960s, is reportedly in talks with current owner Blackstone regarding the sale. It is understood that Paul Harris is the family member leading on the deal.
The deal, first reported by Sky News , comes a year after Bourne Leisure was sold to private equity business Blackstone for more than £3bn. Bourne Leisure employs more than 16,000 staff and attracts 4.5 million guests to 56 sites across the UK every year.
