Waterland Private Equity, the firm that supported Basic-Fit’s expansion, wants to build another European market leader with a prospective deal to buy half of Fit One – as a platform for more purchases in the German-speaking countries and other...
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Medicover is investing in vertical integration, complementing its fitness pass service with the acquisition of the 19 Fitness World clubs in Poland previously owned by the Pure Gym group. Medicover is a Swedish-based healthcase service group that...
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Grupo Duet has finalised its pull-out from the fitness industry with the sale of its ten Duet Sports clubs to Sixth Street Partners and Ithaka, its Spanish partner. Grupo Duet divested its thirteen Duet Fit clubs in Catalonia to the Viva Gym...
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Pure Gym could shake up the market in Saudi Arabia through a franchise partnership that aims to open 40 budget clubs around the country in the next five years. The partner is Ektimal, a Saudi entity created to invest in the fitness industry. Its...
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Fit Jeff studios could start proliferating in Europe, after the multi-service start-up behind the franchise raised €17.3 million last week to continue working on its products and to expand in more international markets. Fit Jeff is the...
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Almost out of the blue, the FitnessX brand has taken off in the Danish fitness club market to create a group of 22 large-scale clubs in less than three months. That’s “almost” out of the blue because the investors behind the project are...
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The Pure Gym Group has decided to pull the plug on its Polish operation, by filing for bankruptcy for its group of 19 Fitness World clubs in the country. The gyms have been closed since October 17, as ordered by the Polish government. They will...
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The acquisition of six Bare Trening clubs by Sats around Oslo fits neatly with the Nordic group’s approach to create clusters in the largest cities. It will complement the Sats group’s existing network of 43 clubs in the Norwegian capital,...
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Two of Germany’s budget gym operators have combined to create a group of 64 budget gyms with over 210,000 members, and plans to become a national market player through more acquisitions. The Best Fit Group combines two profitable operators...
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European fitness club closures are set to soar in November, after Germany and France ordered them yesterday as part of their measures to curtail fast-rising infections. They joined gym operators in countries such as Italy, Ireland, Poland, the...
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Orangetheory Fitness doubled its...
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The Holmes Place group is starting the...
