Park Holidays UK, a major holiday parks provider with 56 parks across the UK, is to be acquired by Aermont, one of Europe’s largest asset management companies.
Sun Communities, the US based real estate investment trust which currently owns Park Holidays UK, said it had reached a definitive agreement with Aermont on the sale of all the group’s UK assets.
This is subject to the completion of regulatory and governance approvals, and is anticipated to complete in the second half of 2026.
It said the move was designed to better enable Park Holidays UK to enter its next phase of growth.
Since 2022, under the stewardship of Sun Communities, Park Holidays UK has grown its core business from 42 parks to 56. With a focus on delivering the highest standards for its holiday home owners and guests they have become a multi-award winning business.
Park Holidays UK, which also manages its sister brand Park Leisure, plans to expand its footprint further, meeting strategic growth objectives whilst maintaining its focus on quality.
Jeff Sills, Chief Executive Officer of Park Holidays, commented: “We are grateful for Sun’s partnership and support over the past several years.
“Together, we have continued to build and strengthen Park Holidays, and I am incredibly proud of what our team has accomplished.
“We look forward to the next chapter for the business under Aermont’s ownership and remain excited about the opportunities ahead.”
Giovanni Manfredi, Managing Director at Aermont added: “We are delighted to be part of the extraordinary business that the team at Park Holidays UK has created, and we look forward to supporting the company as it embarks on its next phase of the growth.”
