Forest Holidays Receives Investment from LDC
Summary
Forest Holidays, a Moira, Derbyshire, UK-based specialist in exclusive rural holiday accommodation, has received a significant equity investment from LDC.LDC has backed Forest Holidays’ existing management team, which is led by CEO Gary Fletcher.The company intends to use the proceeds to continue to expand operations, through a proactive sales and marketing programme, alongside an accelerated cabin build programme which will include additional new sites in key UK locations.Existing shareholder The Camping and Caravanning Club fully exited the business, while the Forestry Commission will retain a significant shareholding.LDC’s Martin Draper and Andy Grove will join the board of the company.
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