Archive for the ‘Gyms’ Category

5 Sep 2019
News

John Reed readying French clubs

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Rainer Schaller Group (RSG) is moving into France next year with three clubs under the John Reed brand, the former McFit group confirmed last week. In a long-awaited move, the German company said it would open a John Reed club in...

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5 Sep 2019
News

Groupe Moving buys Fitlane for southern French expansion

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Moving is evaluating options for the Fitlane brand, after it snapped up the regional market leader in the Côte d’Azur. The group behind the Fitness Park and Moving brands says the acquired business should consist of 23 clubs at the end of the...

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23 Jul 2019
News

Fishers get majority stake in Trib3

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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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23 Jul 2019
News

Basic-Fit at two million members, resuming Spanish expansion

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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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23 Jul 2019
News

LifeFit builds out German group with Smile X and The Gym Society

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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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10 Jul 2019
News

Sats Group optimises Nordic cluster strategy

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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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25 Jun 2019
News

Musgrove leaving Bannatyne

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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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11 Jun 2019
News

Fatih exits FitX

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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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11 Jun 2019
News

Former retail chief building data-driven strategy for Actic

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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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28 May 2019
News

Metropolitan readying Nice club

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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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