Processing timeline
28
days
Acquirer(s)
DISCOVERY HOLIDAY PARKS PTY LIMITED ABN - 50 111 782 846, Beston Parks Land Co Pty Ltd atf Beston Accommodation Parks Trust ACN - 111 783 423
Target(s) or Vendor(s)
The Trustee for Katherine Park Trust ABN - 52 233 936 018, The Trustee for THE F DAVIES FAMILY TRUST ABN - 53 298 082 380, The Trustee for Katherine Park Holding Trust ABN - 61 521 863 718
Other parties
THE TRUSTEE FOR AUSTRALIAN RETIREMENT TRUST ABN - 60 905 115 063, Discovery Parks Holdings Pty Limited ABN - 61 127 847 269
Discovery Holiday Parks Pty Limited and Beston Parks Land Co Pty Ltd are acquiring the business, assets, and real estate of four Breeze Holiday Parks from Katherine Park Holding Pty Ltd, Katherine Park Pty Ltd, and Frank Davies Investments Pty Ltd. This transaction involves holiday parks offering cabin, caravan, and camping sites across Victoria, WA, and NT.
Discovery Holiday Parks Pty Limited ( DHP ) and Beston Parks Land Co Pty Ltd ( Beston ), propose to acquire the business, assets, and real estate of four holiday parks: Breeze Holiday Parks – Halls Gap, also called Halls Gap Caravan Park, located in Halls Gap, Victoria Breeze Holiday Parks – Grampians, located in the Grampians, Victoria Big4 Breeze Holiday Parks – Busselton, located in Busselton, WA, and Big4 Breeze Holiday Parks – Katherine, located in Katherine, NT together, the Acquisition. The vendor of the holiday parks is Katherine Park Holding Pty Ltd, Katherine Park Pty Ltd, and Frank Davies Investments Pty Ltd, who currently operate the four holiday parks as "Breeze Holiday Parks". DHP is a national supplier of over 90 accommodation offerings throughout Australia, including cabin, caravan and camping sites, as well as other short and long stay accommodation under the Discovery Parks and Discovery Resorts brand names. DHP and the vendor overlap in the supply of cabin, caravan and camping sites in Katherine, NT and Busselton, WA. DHP is the sole owner of Australian Parks Licence Co Pty Ltd, which operates “G’day Parks”, a network providing booking and other services to independent caravan parks and providing consumer members with access to discounts at member parks.