CENTER Parcs UK is to float on the London Stock Exchange next Thursday, after being sold in a £285m deal.
Trading in the holiday chain will begin on the Alternative Investment Market (Aim) following the decision by owners MidOcean Partners to sell to bid vehicle Arbor.
Arbor - set up specifically to bid for the holiday chain and made up of a consortium of fund managers advised by Collins Stewart - will change its name to Center Parcs UK Group for the listing.
Chairman Martin Robinson, a former Scottish & Newcastle marketing director, and chief executive Martin Dalby will continue to lead the group.
Center Parcs UK consists of four holiday parks in the UK - Elveden Forest, in Suffolk, Longleat Forest, near Bath, Oasis Whinfell Forest, in the Lake District, and Sherwood Forest, near Nottingham.
It has about 3,100 villas and apartments and had about 1.2 million guests and turnover of about £166m in the 2001/2002 financial year.
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