Archive for the ‘Gyms’ Category

Les Cercles de la Forme takes Paris market leadership
6 Oct 2017
News

Les Cercles de la Forme takes Paris market leadership

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Les Cercles de la Forme is turning into the leading fitness club operator in Paris with two takeovers in the last weeks, as part of a wider transformation of the French capital’s fitness club market. The expansion of the full-service concept...

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Virgin Active pulls out of Iberia with sale to Holmes Place
5 Oct 2017
News

Virgin Active pulls out of Iberia with sale to Holmes Place

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Virgin Active is pulling out of the Iberian market with the sale of its twelve remaining clubs to Holmes Place, allowing it to expand to 22 clubs in Portugal and 17 in Spain. The two parties said that the members and staff of the eight acquired...

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The Gym Group bulks up with eighteen Lifestyle Fitness gyms
20 Sep 2017
News

The Gym Group bulks up with eighteen Lifestyle Fitness gyms

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Gym Group is accelerating its expansion with an agreement to acquire 18 gyms from Lifestyle Fitness, at a price of £20.5 million (€23.1m) in cash. The deal raises the number of The Gym Group’s locations to 116 and it strongly reinforces the...

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The Gym Group to trial “premium” pricing
1 Sep 2017
News

The Gym Group to trial “premium” pricing

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The Gym Group is preparing to try out a premium membership concept, after the launch of an upgraded membership management system at the British low-cost gym chain in July. “This trial will be informed by a substantial piece of customer research...

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McFit unveils mega fitness lab project
1 Sep 2017

McFit unveils mega fitness lab project

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With a surface of more than 50,000 square meters to be opened by the McFit Group in Oberhausen, The Mirai was described as the largest gym in the world and a laboratory for innovation in fitness. Scheduled to open before the end of 2019, The...

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Basic-Fit on target to turn France into largest market
12 Aug 2017

Basic-Fit on target to turn France into largest market

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Orange banners were hoisted on French gyms more than once per week in the first half of this year, as Basic-Fit is steadily deploying its low-cost concept in France and moving toward its target of at least 100 openings across its five European...

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Keep Cool sells minority stake, studies acquisitions
8 Aug 2017

Keep Cool sells minority stake, studies acquisitions

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Keep Cool has finalised the sale of an unspecified minority stake to financial investors, as it started studying several “major” acquisitions and preparing the opening of more than 30 clubs next year. The French group with 180 own and...

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Let’s Go Fitness builds regional stronghold
8 Aug 2017

Let’s Go Fitness builds regional stronghold

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Let's Go Fitness is steadily reinforcing its bastion in the French-speaking part of Switzerland, to reach  a milestone of fifty clubs with over 50,000 members next month, after more than twenty openings and substantial upgrades in the last three...

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L Catterton buys into Equinox
26 Jul 2017

L Catterton buys into Equinox

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Equinox could move into more international markets in the next years, after L Catterton acquired an unspecified yet significant minority stake in the upscale American fitness club operator. A leading player at the upper end of the U.S. market...

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HealthCity starts dismantling in Germany
26 Jul 2017

HealthCity starts dismantling in Germany

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HealthCity is continuing to unwind its business outside of the Netherlands, with the sale of two clubs in Cologne to Just Fit, a regional chain that already has 23 fitness clubs in North Rhine-Westphalia. The buy to be finalised in August raises...

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