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The Guardian - UK

Business

Alex Lawson

Former F1 owner to enter £4bn race for Center Parcs resorts

Center Parcs RAC CVC United Kingdom CVC Capital Partners Brookfield Ireland Away Resorts Blackstone

Sherwood Forest holiday resort — British resorts experienced a boom during the pandemic, as holidaymakers were forced to stay in the country. Photograph: PA Images/Alamy

The former owner of Formula One is preparing to enter the £4bn race to snap up Center Parcs, the family holiday resorts group.

CVC Capital Partners is poised to make an offer for the company’s six sites across the UK and Ireland later this month, weeks after the business was put up for sale.

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