Tuesday 30 October 2012, 11:53 | By CMU Editorial
Vince Power buys Benicassim from Music Festivals plc
Vince Power has bought Spanish festival Benicassim back from his former company Music Festivals plc. As previously reported, Power’s publicly listed festivals business, only set up in 2011, went into administration last month after a difficult summer across its event portfolio.
Power told Hot Press: “I’m delighted that we have entered into an agreement to acquire the shares of Benicassim Ltd that has secured the future of the festival”.