Archive for the ‘Gyms’ Category

15 Nov 2018
News

Virgin Active trials digital products in Italy

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Virgin Active is trialling digital services in Italy, with the launch of a digital coaching service through its app in September and an exercise bike with streamed and on-demand classes to hit the market next month. The...

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31 Oct 2018
News

Let’s Go Fitness gets expansive financial owner

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In yet another change of fitness group ownership in Switzerland, a majority stake in Let’s Go Fitness has been purchased by Naxicap Partners, a French private investment fund. With 52 clubs and about 50,000 members, Let’s Go Fitness is...

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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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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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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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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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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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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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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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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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