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An updated prospectus filed by Peloton Interactive last week indicates that the supplier of connected home fitness equipment is targeting a valuation of up to $8.2 billion in its initial public offering (IPO). The company said it expects to offer...
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Daniel Sprung has become vice president and managing director for Precor in Europe, the Middle East and Africa (EMEA), amid a return to double-digit expansion for the fitness gear maker. Sprung was previously country manager in the...
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Rainer Schaller Group (RSG) is moving into France next year with three clubs under the John Reed brand, the former McFit group confirmed last week. In a long-awaited move, the German company said it would open a John Reed club in...
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Moving is evaluating options for the Fitlane brand, after it snapped up the regional market leader in the Côte d’Azur. The group behind the Fitness Park and Moving brands says the acquired business should consist of 23 clubs at the end of the...
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The Fisher family has acquired a majority stake in Trib3, the British-based high-intensity interval training concept, as part of a fundraising to expand the brand. The Fisher family are the founders and owners of the Holmes Place group, which...
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Just four years after it started targeting the French market in earnest, Basic-Fit boasted 300 clubs in the country after an opening in Paris last week, up by about 100 from the same time last year. A key driver of this remarkable feat, Redouane...
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LifeFit Group, the company behind Fitness First in Germany, has secured €40 million through a Nordic bond issue to help finance the construction of its multi-brand platform, which continues with the full acquisition of Smile X and an agreement to...
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Just a few days after it finalised the acquisition of Life Fitness, KPS Capital Partners has appointed Chris Clawson to return as chief executive of the fitness equipment company, taking over from Jason Worthy. As president of Life Fitness for...
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The Sats Group has sharply raised the capacity at some of its clubs, after it invested in technology to analyse and improve their lay-out and the utilisation of its equipment. “We launched a big review of the training floor and invested in new...
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Welcome to fitnessnewseurope.com, the...
Martin Long, former chief executive of...
Group, the former Health & Fitness...
The Holmes Place group is starting the...
David Lloyd Leisure (DLL) is moving...
