The UK’s largest nightclub owner Deltic Group has put itself up for sale after months of closure due to the Covid-19 crisis has driven it to the brink of collapse.
Deltic, which owns brands including Pryzm and Atik, has begun a sale process while it considers other options, including a company voluntary arrangement, in a bid to survive.
Read more: Nightclub owner Deltic seeks buyer as Covid-19 dances up a storm
Earlier this month it emerged the group had tapped accountancy firm BDO to explore potential options as the pandemic drained its cash reserves.
Chief executive Peter Marks today urged the government to do more to support the UK’s nightclub sector, which has been forced to remain shuttered since March.
“We have to look at every option going and part of that is to see what other capital is out there to get the business through this,” he told the