Dreamland operators enter trading administration
By KathyBailes | Posted: May 29, 2016
Dreamland has entered trading administration
The operators of Dreamland in Margate have entered administration.
The amusement park, which reopened in June last year after more than a decade of campaigning and work, is run by Sands Heritage Ltd.
The firm entered trading administration on Friday.
Benjamin Wiles and Paul Williams, Managing Directors of Duff & Phelps, global valuation and corporate finance advisor, have been appointed Joint Administrators of Sands Heritage Ltd, trading as Dreamland.
The 16 acre park remains open and will continue to operate as normal while the Joint Administrators work alongside the existing management team to conduct an operational turnaround. The Joint Administrators will evaluate the prospects of the business before engaging with any parties interested buying it, although registrations of interest are welcome.
Read more: http://www.thanetgazette.co.uk/Dreamlan ... z4A44iozSy
Follow us: @ThanetGazette on Twitter | thanetgroup on Facebook