Holidaybreak to open new PGL centre
The former training centre and hotel will open as a PGL outdoor education centre for the 2010 holiday season.
The purchase is being made from the administrators of The Liddington Hotel Ltd.
The deal follows the completion of a £31 million rights issue aimed at providing the group with the capital to exploit such investment opportunities for its education businesses.
Executive chairman John Coleman said: “We announced at the time of the rights issue that we have a clear strategy for expanding our education division and Liddington is an excellent addition to our portfolio of outdoor education centres.
Divisional managing director Martin Davies said: “The location, just off the M4 means that this 150 acre site is easily accessible for schools in the Midlands, South West and London.
by Phil Davies
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