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Spanish festival bought back from Power?s former company

Vince Power buys back Benicassim from Music Festivals

Vince Power has bought back Spanish festival Benicassim from his former company Music Festivals, CMU has reported.

The major investment comes after Music Festivals, Power’s publicly listed festivals business, which was established in 2011, was forced into administration last month following an especially difficult summer across its portfolio of events.

Speaking to Hot Press, Power commented: “I’m delighted that we have entered into an agreement to acquire the shares of Benicassim that has secured the future of the festival."

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