Ten Entertainment acquires two new sites
Tenpin bowling company Ten Entertainment have announced plans to acquire two more sites in Leeds and Luton, meaning the group now has a total of 44 sites.
Following the completion of the acquisitions, the Ten Entertainment will have added four new units to its estate in FY18, in line with the guidance of two to four acquisitions for the year.
Ten Entertainment have acquired the units from MFA Bowl for a cash consideration of £1.3m.
“These latest acquisitions are a further sign of the group’s ability and opportunity to strengthen its strong national estate,” said Nick Basing, Ten Entertainment chairman, “in new markets with anticipated good rates of return on invested capital. We are happy with our performance so far this year.”