The Fisher family has acquired a majority stake in Trib3, the British-based high-intensity interval training concept, as part of a fundraising to expand the brand. The Fisher family are the founders and owners of the Holmes Place group, which...
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Just four years after it started targeting the French market in earnest, Basic-Fit boasted 300 clubs in the country after an opening in Paris last week, up by about 100 from the same time last year. A key driver of this remarkable feat, Redouane...
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LifeFit Group, the company behind Fitness First in Germany, has secured €40 million through a Nordic bond issue to help finance the construction of its multi-brand platform, which continues with the full acquisition of Smile X and an agreement to...
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The Sats Group has sharply raised the capacity at some of its clubs, after it invested in technology to analyse and improve their lay-out and the utilisation of its equipment. “We launched a big review of the training floor and invested in new...
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Justin Musgrove, who has been chief executive at the Bannatyne Group for more than three years, is preparing to step down later this year. The company declined to provide details on the departure, but the move is apparently unrelated to...
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Schmidt Gruppe has become the full owner of FitX after Jacob Fatih, the founder of the second-largest German fitness club group, decided to divest his shares and to relinquish his function as joint chief executive. Schmidt Gruppe, a family-owned...
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Actic Fitness is rebuilding its strategy to make smarter use of data and to take a more rigourous approach, after the arrival of a retail specialist at the helm of the Nordic gym operator. “The idea is to create a knowledge-based concept that...
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With a light-filled gym space and a spectacular view over the sea, the first Metropolitan club in France is set to open in Nice in October, as part of an international expansion drive that is anticipated to lift the Spanish operator’s sales to at...
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Fitness World is intensifying investments in digital technology to fuel the development of upgraded gym concepts in Switzerland and Poland in the next three years. The Danish group boasts that it became one of the five largest European operators...
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Yet another Nordic investment firm has moved into the fitness industry as Helix Kapital purchased a majority in Member 24, a group with 22,000 members in twelve budget gyms with an original retro concept. Stefan Lambert, co-founder and partner at...
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