One of the UK’s best known park home and leisure lodge manufacturers has been acquired by Hull-based family business, J.R. Rix and Sons. We learn more…

Hull family business, J.R. Rix & Sons Ltd, has acquired a leading residential park home manufacturer to build on its holiday home and lodge portfolio, which is manufactured by Victory Leisure Homes.

The company has become sole shareholder in Prestige Communities Group Ltd – parent company of well-known residential brand Prestige – for an undisclosed sum.

The move sees Rix Group enter the residential park home sector for the first time, after growing Victory Leisure Homes into one of the UK’s top holiday home and lodge manufacturers. The Prestige portfolio also offers an extended range of premium holiday and leisure homes, growing the Group’s presence and market share.

Bring stability
James Doyle, managing director of J.R. Rix & Sons, said the acquisition will bring stability to Prestige Communities Group, which has undergone several changes in ownership over recent years.

Mr Doyle said: ‘We’re delighted to complete the purchase of Prestige. I feel we are well positioned to support and invest further in the company ensuring it remains at the forefront of innovation in the park home and leisure space.
‘The acquisition extends our product range into the residential park home sector and will enable us to build on the successes achieved by Victory Leisure Homes in the holiday park sector.

‘We feel there is a good cultural fit with the people at Prestige that will be fundamental to the business’s future success and we look forward to working with Mitchell Comer and his management team.’

Solid foundations
Mitchell Comer, CEO of Northamptonshire-based Prestige, said: ‘Following the restructuring in February, we have been seeking and discussing a long-term investor/owner proposition that would give Prestige a foundation to build upon, securing the legacy, but equally enabling funding and support for continued growth and innovation.

‘J.R. Rix & Sons demonstrated a long-term vision, both for its group of companies, as well as Prestige, and during discussions it was clear we shared common values and aspirations.’

Info point
Founded in 1873, J.R. Rix & Sons Ltd is a family-owned business with an extensive portfolio of business activities including oil distribution, renewable energy installations, shipping, warehousing, fuel cards, maritime bunkering – and much more.

Prestige is one of the UK’s leading residential park home and leisure lodge manufacturers. With more than 50 years of industry experience and a team dedicated to providing the best for every customer and park operator, Prestige produces beautiful, bespoke park and leisure homes with quality
as standard.