The first quarter of 2005 has got off to a flying start. There were 23 completed deals in the first three months of the year. These included the acquisition of Mill House Inns by Bank of Scotland Integrated Finance from Phoenix Equity Partners. Mill House operates 60 neighbourhood pubs. In the health & fitness sector, Nuffield Hospitals acquired Sona Group, the leading provider of corporate gym and wellness facilities. In travel, Shearings and Wallace Arnold merged in a £200m transaction and after, the aborted process 18 months ago, Tussaud’s was acquired by Dubai International Capital.

Read the complete Tourism, Hospitality and Leisure Review Q1 2005.

Deloitte's Tourism, Hospitality & Leisure Review is published quarterly by our Tourism, Hospitality & Leisure specialists within Corporate Finance.

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