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Parkdean is to invest £13m in improvements to its chain of 24 holiday parks.

Parkdean is looking to more than double its chain of 24 holiday parks over the next five years.

Parkdean is investing £10m in improvements at its nationwide network of 24 holiday parks this year.

Parkdean Holidays has acquired Weststar Holidays, the Exeter-based chain of four holiday parks with 300 staff, for £80m, and is now looking to acquire a further 20 holiday sites over the next two years.

Parkdean, the chain of 20 caravan parks, is to be acquired by private equity firm Alchemy for £140m.

Parkdean Holidays has acquired five holiday parks from Bourne Leisure for £42m, including sites in Great Yarmouth, Dorset, Torquay, Carmarthenshire and the Firth of Clyde.

Parkdean Holidays has acquired Border Travel Services, the owner of the Southerness Holiday Village near Dumfries, for £5.3m.

Parkdean Holidays has started a recruitment drive to expand the 70-strong telesales staff at its new call centre in Newcastle.

Parkdean is to acquire Pactrem, the owner of two caravan holiday parks in Cornwall, for £13m.

Parkdean is planning to spend up to £10m on acquisitions to expand its chain of 12 holiday parks across the country.

Parkdean is looking to double the size of its holiday parks business over the next two years, and is seeking acquisitions in Yorkshire and East Anglia.

Parkdean has acquired the Ruda Holiday Park near Ilfracombe in Devon for an undisclosed sum thought to be about £12m, taking its chain of holiday parks to 12.