Mukesh Ambani Buys UK’s Stoke Park For Rs 592 Crs

Mukesh Ambani’s frontrunner firm Reliance Industries Ltd (RIL) has bought Britain’s plush and popular country club and luxury golf resort, Stoke Park, for £57 million (Rs 592 crore). Stoke Park is a private sporting and leisure estate in Buckinghamshire, located in the middle of 300 acres.

The procurement has now been added to Ambani’s current stake in EIH, one of the largest luxury hotel chains in India. Reliance Strategic Business Ventures Ltd holds held 18.83 per cent in EIH by March 31, 2021. Earlier, Ambani bought Hamleys in 2019 and Stoke Park is the second major acquisition of an iconic British company by him.

The firm in its filing said that Reliance company will now own the UK-based firm with a hotel and golf course in Buckinghamshire. In its hospitality assets. “Reliance Industrial Investments and Holdings Ltd (RIIHL), a wholly-owned subsidiary of RIL, has on April 22, 2021, acquired the entire issued share capital of Stoke Park Ltd, a company incorporated in the UK, for £57 million,” it said.

Stoke Park also has one of the highest-rated golf courses in Europe. “RIIHL will look to enhance the sports and leisure facilities at this heritage site, while fully complying with the planning guidelines and local regulations,” Reliance added.  

Stoke Park also had a good rapport with the British film industry as it shared filming location for two James Bond movies namely Goldfinger (1964) and Tomorrow Never Dies (1997). It was also a backdrop for Bridget Jones’ Diary film and Netflix’s ‘The Crown’ web series. The great mansion also has 49 luxury bedrooms and suites, a 27-hole golf course, 13 tennis courts and 14 acres of private gardens.

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