The Mere Golf Resort and Spa in Cheshire has a new owner after the property caught the eye of foreign investors.
The luxury 81-bedroom hotel and 18-hole James Braid-designed championship golf course has been acquired by Ejarat Holdings, after UK shareholders Mark Boler and Gary Corbett sold their stake in the business for an undisclosed sum.
The Mere’s website states that Ejarat Holdings is ‘a Gulf-based investor with existing UK interests’.
Chairman Gary Corbett assumes the role of CEO, with Mark Boler remains as a non-executive director. They have owned the property since 2011 and have spent a considerable amount in developing the business.
Corbett said: “This deal represents a fantastic opportunity for the business to continue to grow and further establish itself as a major North West premier luxury resort.
“The new owners are keen to continue to invest in this fabulous product and brand and are determined to consistently deliver a world class service and be recognised as the venue of choice in the county.