Archive for the ‘Equipment’ Category

Gainline buys into Core Health & Fitness

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Core Health & Fitness has secured investment from Gainline Capital Partners, a U.S. private equity firm, which leaves Michael Bruno in charge as chairman and chief executive. Bruno gradually built up Core Health & Fitness by acquiring...

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Trisport gets European Kettler rights

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Three former Kettler managers have been hired by Trisport, the German fitness brand’s former Swiss distributor, after it purchased rights to Kettler in nearly all European markets. Kettler was rescued about one year ago by Lafayette Mittelstand...

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7 Jan 2020

Icon Health & Fitness gets $200m investment for iFit

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Icon Health & Fitness has secured $200 million in growth equity investment led by Pamplona Capital Management, with the stated purpose of expanding its iFit connected interactive platform. Icon Health & Fitness is the Utah-based company...

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7 Jan 2020
News

Technogym bike goes commercial

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As the Technogym Bike is launching across the international commercial market this month, the Italian group’s chief executive is betting that the next ten years will be marked by more demand for premium and personalised fitness services. The...

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10 Dec 2019
News

Milon changes CEO, buys Five-Konzept

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Milon Industries will start the next year under fresh leadership and with an expanded product range due to the acquisition of Five-Konzept, the German brand of stretching equipment. The two brands have already been working closely together for...

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27 Nov 2019
News

Former Spotify executive leads Peloton into Germany

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Formerly marketing director for Spotify in Europe, Martin Richter has been appointed as country manager for Peloton in Germany, to lead the interactive indoor cycling brand’s expansion into the country last week. The U.S. brand of interactive...

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Peloton buys Taiwanese manufacturer

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Peloton Interactive has acquired Tonic Fitness Technology from Taiwan for $47.4 million in cash, as a means to get a tighter grip on its supply chain. Peloton announced the purchase as it reported higher sales and smaller losses for the quarter...

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31 Oct 2019
News

Technogym Bike goes Live

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Technogym’s much-awaited smart home bike was launched in Italy today for €2,950, in conjunction with content subscriptions starting from €29 per month. The Technogym Bike is the first product to connect with Technogym Live, a digital...

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31 Oct 2019
News

Kettler ending German production

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Trustees have been appointed for Kettler after the German fitness equipment maker was unable to put together a restructuring plan under its own administration, and it was decided to shut down production. Georg Kreplin, the appointed trustee from...

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15 Oct 2019
News

InBody doubling European sales

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Fitness Park in France, Go Fit in Spain and Nordic Wellness in Sweden are some of the fitness club operators that have supported brisk European expansion for InBody in the last two years – and more structural investments are underway for the...

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