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Sceptre Leisure, which previously ranked in Lancashire Business View's Hot 100, has completed a pre-pack sale to a German-owned group.
The purchase of assets by the Gauselmann Group should safeguard 350 jobs.
Jürgen Stühmeyer, member of the board for sales at the Gauselmann Group, said: “The acquisition of the Sceptre Leisure business and assets was the most effective way of ensuring the future prosperity of its customers and staff. “The Gauselmann Group will be working closely with the management team at Sceptre Leisure to provide all the support it needs to create a platform for innovation and growth in the UK market place."
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