Archive for the ‘Gyms’ Category

David Lloyd moving into Switzerland

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David Lloyd Leisure is adding another country to its European map with an agreement to acquire the Country Club Geneva, where the British group intends to invest more than £8 million (€9.2m). DLL already purchased a club in the Geneva area in...

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18 Feb 2020
News

New Keep Cool owners invest in leadership and concept upgrade

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Keep Cool has replaced its leadership team and started building up resources to upgrade its concept, after the takeover of the French group with about 250 clubs was finalised earlier this month. “We want to go against the tide in the French...

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4 Feb 2020
News

David Lloyd expands in Germany with Meridian Group acquisition

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David Lloyd Leisure (DLL) has budgeted an investment of about €20 million in the eight health and spa clubs it acquired from the Meridian Group, turning Germany into its largest market in continental Europe. Meridian boasts nearly 39,000...

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21 Jan 2020
News

Gustav Gym joins Urban Gym Group

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Gustav Gym, consisting of two clubs in central Amsterdam, is the latest target acquired by the Urban Gym Group, after it secured another €10 million in funding a few weeks ago. The agreement around Gustav Gym fits neatly with Urban Gym...

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21 Jan 2020

ClassPass hits unicorn status

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ClassPass is doubling down on the expansion of its corporate business in Europe, after it raised $285 million in a transaction valuing the company at more than $1 billion. The funds mostly came from L Catterton and Apax Digital Fund, taking the...

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21 Jan 2020
News

L’Orange Bleue opens up capital with five-year target of 800 clubs

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L'Orange Bleue has raised funds from Axio Capital and opened up its capital to five managers, as part of its project to become one of Europe’s leading fitness club operators by 2025. With expansion in France and other markets, the fitness club...

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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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