Archive for the ‘Gyms’ Category

Supera gets new majority shareholder and fresh capital
30 Nov 2017
News

Supera gets new majority shareholder and fresh capital

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Portobello Capital, a Spanish private equity firm, confirmed today that it has acquired a majority stake in Supera, with a capital increase that should support further expansion for one of Spain’s leading fitness club operators. Portobello...

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Solinca inflates Portuguese market share with Pump Fitness
28 Nov 2017
News

Solinca inflates Portuguese market share with Pump Fitness

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The Portuguese fitness club industry is about to undergo further consolidation, as the owner of Solinca has agreed to fork out about €8.6 million to buy Pump Fitness, and form a group of 26 clubs with two complementary concepts. The purchase...

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Leonard Green to take over Pure Gym
3 Nov 2017
News

Leonard Green to take over Pure Gym

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Leonard Green & Partners (LGP), a U.S. private equity firm, has agreed to buy a controlling stake in Pure Gym, about one year after the budget club operator pulled the plug on plans for a stock market listing. Under the deal announced today,...

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Lego family invests in Fitness World
2 Nov 2017
News

Lego family invests in Fitness World

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Kirkbi, the holding company for the family behind Lego, is acquiring a stake of 64% in Fitness World, in a deal that allows FSN Capital to retain an active ownership role in the leading Danish gym club operator. FSN Capital, which bought a...

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Basic-Fit heads for Paris
19 Oct 2017
News

Basic-Fit heads for Paris

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The deployment of Basic-Fit gyms in France should take on another dimension in the months ahead, as the Dutch budget club operator is targeting Paris – and it estimates that it could have more than 100 clubs around the French capital...

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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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