About 170 jobs should be cut at Kettler, as part of a conditional offer from Lafayette Mittelstand Capital to acquire the German fitness equipment maker out of insolvency proceedings. Lafayette is a private equity firm from Frankfurt specialised...Read more
Precor could benefit from extra resources in China, its second-largest market, after the supervisory board of the fitness equipment maker’s owner approved an all-cash offer formally issued by a Chinese-led consortium valuing it at €4.6 billion...Read more
Jason Worthy has been appointed as president of the Life Fitness division at Brunswick Corporation. In a sudden change announced today, the group said Worthy is taking over with immediate effect from Jaime Irick, a former executive from GE Lighting...Read more
Technogym is developing contents as a means to leverage the reach of its connected platform, the Italian equipment maker said while reporting ample increases in sales and profits for the first half of this year. “The platform will soon be...Read more
The prospective ownership of Precor has been under intense discussion in the last few days, after Amer Sports suggested that it could study standalone options for its fitness division –and then confirmed that it had been approached with a...Read more
Sweden, the Netherlands and Germany have been picked as the most probable next targets for the European expansion of Peloton, the company revealed after a fundraising of no less than $550 million that reportedly valued the company at about $4.15...Read more
Kettler is battling to push through financial restructuring measures in partnership with an investor, Altera Capital, after earlier negotiations broke down and the German fitness equipment maker filed for insolvency under its own administration –...Read more
eGym has widened its remit again with the full acquisition of Qualitrain, a German company that has formed a network of about 1,400 fitness facilities to be used for workplace health management. The deal agreed at an undisclosed price earlier...Read more
Dyaco International and Gym80 International have struck a strategic partnership that should allow the two companies to share infrastructure and resources for their complementary product ranges. This comes after both equipment suppliers have taken...Read more
eGym is adding another dimension to its connected training platform by taking over the mobile app business of Netpulse, the leading supplier of customised mobile apps for fitness clubs, which expands its digital reach to about 12,000 fitness...Read more
Fitness News Europe is an independent business publication for managers, investors and other stakeholders in the international fitness industry, who want reliable, topical business information about their market.
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Well-informed and often exclusive analysis relating to the European fitness sector, providing insights into market dynamics, company strategies and financial opportunities.
An essential business tool for executives and investors, with regularly updated analysis that is available permanently online, along with news items and features compiled in bi-weekly electronic newsletters.
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Martin Long, former chief executive of...
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