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Family-owned Apex Hotels has completed the acquisition of Meldrum House Country Hotel and Golf Course in Aberdeenshire. This is the group’s second rural property following the purchase of Pine Trees in July 2023 and is the 10th hotel within its UK wide portfolio.
Meldrum House is a stunning 51 bedroom 4-star country house hotel comprising of a 13th century manor house and golf course, set in 250 acres of Aberdeenshire countryside. Privately owned by Aberdeenshire businessmen Bob Edwards, Terry and David Buchan, the hotel has won a range of prestigious awards including The Times’ Top 100 UK Hotels and Best Hotel at Visit Scotland’s Scottish Thistle Awards.
The purchase of Meldrum House demonstrates Apex Hotels’ continued strategy to grow and diversify its portfolio with new hotels in rural locations. The acquisition follows another strong financial year for the group, supported by a £60 million refinancing package with Barclays.
Apex Hotels Chief Executive Officer Angela Vickers said: “The acquisition of Meldrum House Country Hotel represents an opportunity to continue to diversify the Apex Hotels portfolio, giving our guests even more choice of a city or more relaxed rural option.
This is an exciting time for Apex, and after getting to know the team at Meldrum House, it was clear they share the same vision and ambitions we have at Apex Hotels. Meldrum House will be one of our flagship hotels and we are delighted to be the next custodians of this historic property.”
Bob Edwards commented; “After 31 years of owning Meldrum House with David and Terry Buchan, it is the perfect time to hand over the reins for a new chapter, where the hotel and estate will become part of Apex Hotel’s expanding portfolio. As a family owned and run business, we are delighted that Apex have the same family-values and passion for hospitality, and we wish them best for the next 30 years of Meldrum.”
Jordan Charles will continue to lead the team at Meldrum House. He commented; “This is a great opportunity for our team to join the Apex Hotels group, and I look forward to helping them drive the business forward.”
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Source: traveldailymedia