Zion Wildlife sold, Craig Busch to help run
Receivers of Zion Wildlife Gardens confirmed the sale of the business and assets to Zion Wildlife Kingdom.
Pricewaterhouse Coopers partners Colin McCloy and David Bridgman, receivers of the company, confirmed the sale today with Mr McCloy saying an offer had been accepted following due consideration of the expressions of interest in the assets and operation of the company, which the receivers believed provided good value and was the best option to preserve the operation of the park and protect the welfare of the animal.
The receivers understood the purchaser had engaged Craig Busch to assist with the operation of the park but said details on the sale were commercially sensitive and so the receivers were not in a position to comment further on the sale and purchase agreement, or the new owners.
“Receivers were on site this morning to advise those at the park of the sale. Staff have been given notice and stood down from work on full pay. The purchaser will staff the Park going forward.”
The receivership process would be concluded in the near future, the receivers said, and the purchaser was in possession of the keys to the park.
The receivers were pleased the sale and purchase agreement enabled the wildlife to remain at the park, Mr McCloy said.
“The welfare of the wildlife at Zion has always been a priority for the Receivers.”