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Business

Dreamland officially exits administration

By: Chris Price

Published: 14:20, 20 November 2017

Updated: 14:23, 20 November 2017

Dreamland has officially exited administration promising new rides next year and a growing events programme.

Sands Heritage Limited, the park’s owner, began trading as normal again on Friday, November 3, following a corporate reorganisation.

It comes after a £25 million investment earlier this year which allowed bosses to relandscape the park in Margate and restore more of its vintage rides.

Dreamland is officially out of administration

Commercial director Jennie Double said: “Exiting administration is great news for both the organisation and for the regeneration of Margate.

“It means that we can look forward with real confidence as we continue to deliver the Dreamland experience to our guests.

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“We are really excited for the future and we are building strong foundations across the entire business.

“This includes increasing our permanent team, which also contributes to our positive effect on the local economy.

“Dreamland is committed to delivering even more events in 2018 and this, together with an increased ride line-up, will ensure that we are widely recognised as a unique entertainment venue in the South East.”

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