Archive for the ‘Gyms’ Category

MCH seals Altafit takeover, bundles with iFitness
1 Aug 2018
News

MCH seals Altafit takeover, bundles with iFitness

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Altafit has turned into a leading Spanish fitness club operator with financial resources for openings as well as acquisitions, after it was taken over by MCH Private Equity along with iFitness. Altafit suggested earlier this year that it was in...

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Fitness Time owner readies IPO
17 Jul 2018
News

Fitness Time owner readies IPO

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Leejam Sports Company, the largest fitness club operator in the Middle East, is preparing an initial public offering (IPO) to sell 30% of its existing shares on the Saudi Stock Exchange in early August. Leejam operated 112 fitness clubs under the...

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L’Appart doubles in size with Nextalis takeover
17 Jul 2018
News

L’Appart doubles in size with Nextalis takeover

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L'Appart Fitness more than doubled in size to 120 clubs last week with its acquisition of Nextalis, a fitness club operator and franchisor that once ranked among the largest in France with the Amazonia brand. In the works for several months, this...

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Polish anti-cartel office launches investigation into fitness club groups
3 Jul 2018
News

Polish anti-cartel office launches investigation into fitness club groups

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The Polish office of competition and consumer protection (UOKiK) says it has launched an investigation involving 16 fitness club operators and other stakeholders, to study if they undermined fair competition through collusion. “We collected...

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Sats Group returns to Denmark with FitnessDK
29 Jun 2018

Sats Group returns to Denmark with FitnessDK

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Group, the former Health & Fitness Nordic, is building up its Scandinavian business with the projected acquisition of FitnessDK, the second-largest fitness club operator in Denmark. The group of 41 fitness clubs divested by Parken Sport &...

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Stamina Trening taken over by Norwegian health investors
21 Jun 2018
News

Stamina Trening taken over by Norwegian health investors

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Stamina Trening, Norway’s second-largest fitness club operator, is to integrate more health-related services after its agreed takeover by Norsk Treninghelse. The two largest shareholders in the buying entity are the physician Arne Instebø and...

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The Gym Group buying most EasyGym clubs
14 Jun 2018
News

The Gym Group buying most EasyGym clubs

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The Gym Group is buying market share in London with the acquisition of most EasyGym sites, for an initial cash consideration of £20.6 million (€23.4m). The agreement covers 13 gyms, eight of them in London, which should expand The Gym Group to...

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David Lloyd moves into Germany
6 Jun 2018

David Lloyd moves into Germany

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Lloyd Leisure (DLL) has moved into yet another European country with the acquisition of the former Health City club in Bad Homburg, north of Frankfurt. With this latest buy, DLL surpassed 600,000 members, training in 114 gyms in eight countries....

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The Gym Group founder and CEO to stand down
1 Jun 2018

The Gym Group founder and CEO to stand down

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Richard Darwin has been appointed to take over as chief executive of The Gym Group in September, after three years as chief financial officer at the second-largest British budget club group. This marks a major transition for The Gym Group since...

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Duet Fit launches e-sports fitness
22 May 2018

Duet Fit launches e-sports fitness

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Some fitness club operators like to say that their most redoubtable competitors are couches and gaming consoles. But Grupo Duet, a group of 19 gyms in Catalonia, has opted to draw e-sports players with a fitness area that is entirely dedicated to...

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