Archive for the ‘Gyms’ Category

28 May 2019
News

Fitness World adds digital fuel to Swiss and Polish expansion

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Fitness World is intensifying investments in digital technology to fuel the development of upgraded gym concepts in Switzerland and Poland in the next three years. The Danish group boasts that it became one of the five largest European operators...

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28 May 2019
News

Helix Kapital buys Member24

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Yet another Nordic investment firm has moved into the fitness industry as Helix Kapital purchased a majority in Member 24, a group with 22,000 members in twelve budget gyms with an original retro concept. Stefan Lambert, co-founder and partner at...

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17 Feb 2019
News

Viva Group accelerating expansion, Fitness Hut founders to switch to board

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Just over one year after the tie-up between Viva Gym and Fitness Hut, the Iberian fitness club operator has unveiled plans to accelerate its expansion with the smartest yield strategies from both concepts. The Viva Group’s sales jumped by about...

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14 Feb 2019

Sats Group finalises rebranding of Fitness DK

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Sats Group has finalised the rebranding of the Fitness DK clubs acquired in Denmark, which could mark the start of an eventful year for the Nordic group with a potential initial public offering (IPO) in the second half. Since it was formed...

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14 Feb 2019

Orangetheory Fitness to double in Europe

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Orangetheory Fitness doubled its European size last year and it aims to repeat the feat this year to end up with more than twenty studios in this regional market. This is just a fraction of the Orangetheory Fitness business, which reached its...

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31 Jan 2019
News

Forever Fitness diversifies with low-cost acquisition

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After its acquisition of Forever Fitness last year, Pilhajalinna is diversifying in the Finnish fitness club industry with the takeover of Fit1, one of the earliest operators of smart cost fitness centers in the country. Pihlajalinna said last...

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16 Jan 2019
News

Sats Group buys three FitnessXpress clubs

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With four clubs in the center of Oslo, FitnessXpress was one of the most prominent family-owned operators in Norway. But Hasse Hoftvedt sold most of his business to the Sats Group earlier this month, adding to the concentration of the Norwegian...

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2 Jan 2019

TrainMore forms multi-brand group

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Bundling the TrainMore, High Studios and Club Sportive concepts, the Urban Gym Group has obtained funding of at least €16 million to pursue its expansion. This started last week with the acquisition of Sports World in Amsterdam, and it could take...

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27 Dec 2018
News

Holmes Place Spain partners with Trib3

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Holmes Place has formed an equal joint venture with Trib3 in Spain, allowing it to complement its offering with high-intensity interval training studios using the British concept. In the making for several months, the agreement should lead to two...

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11 Dec 2018
News

Basic-Fit raises prices

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Basic-Fit has simplified its price structure to offer memberships of nearly €20 and €30 for four weeks. They both include an app with virtual workouts, which was previously an add-on, but the four-week structure implies a price increase of about...

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