
New owners to expand Piperdam resort after takeover
Holiday park firm reveals plans to build an additional 28 lodges at the complex in Dundee.
The Piperdam golf and and leisure resort has been taken over by a UK holiday park firm.
The 600-acre complex on the outskirts of Dundee has been bought by Coppergreen Developments Ltd, which runs a holiday complex in North Yorkshire.
The takeover was overseen by Colliers International's Edinburgh-based specialist holiday parks team.
Piperdam, which was founded in 1989, has 77 holiday lodges, an 18-hole and nine-hole golf course, and a wedding and conference venue.
Coppergreen received a £25m funding package from Business Growth Fund and HSBC to support the purchase.
The new owners pledged to use the cash to build an additional 28 lodges and expand the site's outdoor pursuits, including mountain bike trails and quad biking.
Richard Moss, head of Colliers International's parks team, said: "Holiday and leisure parks of this size, quality and trading record rarely become available and it was no surprise that it attracted a progressive operator such as Coppergreen and indeed ticked all the boxes of BGF's investment criteria.
""It is great to see this level of investment in Scotland's tourism and leisure sector which shows great confidence in the product, the area and the sustainability of Scotland's tourist pull."
David Copley, chief executive at Coppergreen Developments Ltd, said: "We are really excited by this acquisition and look forward to continuing the high standards of the business at Piperdam.
"We are focused on thoughtfully and sensitively expanding the site so that even more holidaymakers can enjoy first-class accommodation in beautiful surroundings.
"We are delighted to have received further support from our bank, HSBC, and to be entering into a new partnership with BGF as we implement our growth plans."