The trend toward larger gyms with more members and lower prices continued to dominate the European fitness club market last year, amid a frenzy of mergers and acquisitions. The European market generated sales of €26.6 billion in 2017, up by...
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The Gym Group has resolved to launch its upgraded membership offering across all of its gyms by the end of May, as a means for the budget operator to diversify its proposition and raise its yield. The move was announced as the company reported a...
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Basic-Fit has reaffirmed its guidance that it should open about 100 clubs this year, but the Dutch group has spelled out a wider target to reach five million people by 2025, with more clubs as well as other fitness products. “This is a big...
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The consolidation of the Spanish fitness club industry is gathering pace, with the projected takeover of iFitness by Altafit, reinforcing its leadership of the Spanish budget club market. The agreement should form a group with 56 clubs, annual...
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Ten gyms trading as Forever Fitness in southern Finland have been acquired by Pihlajalinna, one of the country’s leading social and healthcare service providers. The two remaining clubs are franchises, which will continue to operate as...
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The owners of CMG Sports Club have appointed a firm specialised in corporate restructuring to take over the leadership at the Paris-based fitness club operator, after the departure of its chief executive a few days ago. Vincent Monnot was...
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David Lloyd Leisure (DLL) is moving into its seventh European market with the projected acquisition of City Green Sports and Health Club, which is near Geneva but situated in France. The British fitness club operator already became the largest in...
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The Jatomi Fitness brand is likely to disappear from the European market in the next few months, as the company’s chief executive confirmed that it had been decided to dismantle the business. Trevor Brennan said that the group is nearing a sale...
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Viva Gym has formed an Iberian fitness group with 48 gyms and nearly 200,000 members through the acquisition of Fitness Hut in Portugal, with support from Bridges Fund Management. The protagonists said that they intend to continue developing the...
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Portobello Capital, a Spanish private equity firm, confirmed today that it has acquired a majority stake in Supera, with a capital increase that should support further expansion for one of Spain’s leading fitness club operators. Portobello...
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Welcome to fitnessnewseurope.com, the...
The Holmes Place group is starting the...
Johnson Health Tech (JHT) is launching...
Pure Gym, the leading gym operator in...
With 166 clubs in five countries...
