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Announced

CVC-backed Away Resorts to acquire Aria Resorts from Angelo Gordon and T&B Capital.

Synopsis

CVC-backed Away Resorts, a firm that operates six resorts in prime UK destinations, agreed to acquire Aria Resorts, a resorts operator, from Angelo Gordon and T&B Capital. Financial terms were not disclosed. "We are delighted to be partnering with Aria to pursue our shared ambition of forming the leading staycation provider in the market. Our combined businesses, with a focus on customer care and top-quality facilities, will offer exceptional destinations for holidaymakers and holiday home owners seeking to relax a little closer to home," Carl Castledine, Away Resorts CEO.

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