Archive for the ‘Gyms’ Category

12 Dec 2019
News

Pure Gym agrees to buy Fitness World

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Pure Gym has agreed to buy Fitness World in a cash deal that puts the leading Danish fitness club operator’s enterprise value at about £350 million (€416m). The combination is the second-largest in Europe after Basic-Fit in fitness club...

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10 Dec 2019

Life Fitness starts on-demand classes

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Life Fitness boasts that it’s the first equipment supplier to offer on-demand classes on a range of six commercial cardio machines, as the company makes its move into the digital content space. After its launch in the U.S., Life Fitness On...

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27 Nov 2019
News

Nordic Wellness raises target to 300 Swedish clubs

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Nordic Wellness has raised its targets for expansion, after more than 30 openings and projected sales nearing 1 billion Swedish kronor (€94.9m) this year. The operator from Gothenburg previously targeted 250 clubs around Sweden but that...

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27 Nov 2019
News

LifeFit and Xponential team up

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With Pure Barre and Club Pilates added to its offering, the LifeFit Group is on track to operate seven fitness club concepts in Germany in the second half of next year. The group behind Fitness First in Germany has struck a partnership with...

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27 Nov 2019
News

Pure Gym getting started in U.S. market

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Pure Gym is preparing to launch one or two pilot clubs in the U.S. in the first half of next year while continuing to expand rapidly in the U.K., the British budget club operator said earlier today. Pure Gym said in an investor call this morning...

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12 Nov 2019
News

VivaGym Group buys Duet Fit

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VivaGym reinforced its leadership in the Iberian fitness club market with the acquisition of Duet Fit last week, turning Barcelona into its largest regional market. With the 13 Duet Fit budget gyms yielding sales of €11 million with 39,000...

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12 Nov 2019
News

Basic-Fit targets 150 openings per year, launches Express concept

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Basic-Fit is launching a smaller gym concept, as part of its latest plans to accelerate its expansion with 150 openings per year and to reach 1,250 gyms across its five existing markets in 2022. Beyond the next three years, Basic-Fit executives...

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31 Oct 2019
News

IPO values Sats at nearly €400m

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Sats managers tied up their laces for a run to the Oslo stock exchange to mark the launch of the Nordic operator’s shares last week – albeit at the lower end of the indicative price range, and without sale of existing shares. Sats shares were...

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31 Oct 2019

Keep Cool partners in bid to buy French club brand

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Group3S, a multi-brand franchisee of Keep Cool, has formulated an offer to take over a majority stake in the company behind one of the largest French fitness club brands. The offer was arranged in consultation with Groupe EREN, which is already a...

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2 Oct 2019
News

Sats moves ahead with IPO plans

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Sats is moving ahead with plans for an initial public offering (IPO) on the Oslo stock market later this year, through newly-issued shares worth about 1.4 billion Norwegian kroner (€140bn) and potential divestment by existing shareholders. With...

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