Tuesday 30 October 2012, 11:53 | By

Vince Power buys Benicassim from Music Festivals plc

Business News Live Business Top Stories

Benicassim 2012

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”.

OR READ MORE ABOUT: | |

  • Line-up for the July edition of The CMU Podcast: Live announced
  • Key YouTube music man steps down
  • Pharrell Williams seeks summary judgement in his favour in ‘Blurred Lines’ dispute
  • Duran Duran sue their own fanclub
  • Eels frontman to receive freedom of the City Of London
  •