Archive for the ‘Gyms’ Category

Fitness World moves into Switzerland with Basefit.ch
14 Oct 2018

Fitness World moves into Switzerland with Basefit.ch

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Fitness World has gone ahead with a move into a third market through the acquisition of Basefit.ch, the budget fitness club operator that has been growing steadily around Switzerland. By far the market leader in the saturated Danish market,...

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Feel Sport joins Keep Cool
4 Sep 2018
News

Feel Sport joins Keep Cool

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Feel Sport, a group of 45 French fitness clubs, has agreed a partnership with Keep Cool, that will enlarge the French operator and franchising group to over 250 gyms with 350,000 members. As part of the deal, three owners of Feel Sport have...

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The Gym Group scales up with technology
3 Sep 2018
News

The Gym Group scales up with technology

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The growing uptake of paid-for options at The Gym Group has pushed up its average sales per member in the first half of this year, and the British budget gym operator has started implementing more technology-driven upgrades. The Gym Group’s...

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Sats Group readies IPO, chief executive leaving
3 Sep 2018
News

Sats Group readies IPO, chief executive leaving

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Olav Johan Thorstad, chief executive at the Sats Group, has decided to leave the leading Nordic operator after its owners started preparing for a potential initial public offering (IPO) in the second half of next year. The group’s board...

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MCH seals Altafit takeover, bundles with iFitness
1 Aug 2018
News

MCH seals Altafit takeover, bundles with iFitness

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Altafit has turned into a leading Spanish fitness club operator with financial resources for openings as well as acquisitions, after it was taken over by MCH Private Equity along with iFitness. Altafit suggested earlier this year that it was in...

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Fitness Time owner readies IPO
17 Jul 2018
News

Fitness Time owner readies IPO

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Leejam Sports Company, the largest fitness club operator in the Middle East, is preparing an initial public offering (IPO) to sell 30% of its existing shares on the Saudi Stock Exchange in early August. Leejam operated 112 fitness clubs under the...

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L’Appart doubles in size with Nextalis takeover
17 Jul 2018
News

L’Appart doubles in size with Nextalis takeover

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L'Appart Fitness more than doubled in size to 120 clubs last week with its acquisition of Nextalis, a fitness club operator and franchisor that once ranked among the largest in France with the Amazonia brand. In the works for several months, this...

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Polish anti-cartel office launches investigation into fitness club groups
3 Jul 2018
News

Polish anti-cartel office launches investigation into fitness club groups

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The Polish office of competition and consumer protection (UOKiK) says it has launched an investigation involving 16 fitness club operators and other stakeholders, to study if they undermined fair competition through collusion. “We collected...

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Sats Group returns to Denmark with FitnessDK
29 Jun 2018

Sats Group returns to Denmark with FitnessDK

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Group, the former Health & Fitness Nordic, is building up its Scandinavian business with the projected acquisition of FitnessDK, the second-largest fitness club operator in Denmark. The group of 41 fitness clubs divested by Parken Sport &...

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Stamina Trening taken over by Norwegian health investors
21 Jun 2018
News

Stamina Trening taken over by Norwegian health investors

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Stamina Trening, Norway’s second-largest fitness club operator, is to integrate more health-related services after its agreed takeover by Norsk Treninghelse. The two largest shareholders in the buying entity are the physician Arne Instebø and...

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