The move sees the iconic British holiday brand leave the private equity backed Bourne stable, which has owned Butlin’s since the mid-1960s.
Private equity house Blackstone, which acquired Bourne from its three founding families in January 2021, confirmed the sale of Butlin’s on Tuesday (20 September).
Bourne will continue to operate the Haven holiday parks and Warner Leisure Hotels brands.
"We are delighted to reaffirm our love for Butlin’s and once again be the new owners of this great brand," said Paul Harris on behalf of the Harris Family Trusts.