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Industry News

10. July 2014

Renowned industry team plans to start a “rebellion” and collects GBP 1.25 million by crowdfunding so far

1Rebel is the latest in a string of successful fitness ventures from the team that founded Fitness First and Jatomi Fitness. The enterprise seeks to be the first chain of aggregated studios providing personal training-based group...[more]

30. June 2014

World Class management team realized MBO of the Romanian operations

Funds under management and advisory of Resource Partners announced that they have increased their investment in World Class Romania by completing the buyout of minority shareholders. The transaction strengthens the partnership...[more]

26. June 2014

Merger between Pure Gym and The Gym Group under further investigation

The Competition and Markets Authority today referred the merger between Pure Gym Limited and The Gym Limited for an in-depth merger investigation. This follows concerns that it may lead to higher gym membership prices or a...[more]

04. June 2014

Budget fitness operators step into Polish market

McFIT and CityFit join Fit For Free in the Polish market and open their first clubs which provide a state-of-the-art fitness offering at an affordable price.[more]

13. May 2014

Fitness First continues investments to reposition its brand

Fitness First recently revealed its financial results for the year ended 31 October 2013. While the restructuring shows first effects in detailed figures, the company continues to invest in order to improve the overall result.[more]

11. April 2014

LA fitness released from its debt burden

Ongoing restructuring process with change of ownership[more]

29. April 2014

80 million health and fitness club members in Europe until 2025

HEALTH & FITNESS FORUM sets the ambitious target “Towards 80 million members by 2025“[more]

29. April 2014

Jopp AG issues bond to finance the expansion of Hard Candy

Jopp AG opened its first Hard Candy Fitness clubs in Berlin and introduced the Hard Candy Fitness Women brand. To fund the further expansion in Germany, Austria and Switzerland Jopp AG issues a bond with a maximum volume of EUR 5...[more]

29. April 2014

Aspria looking for new partner

According to information from the Belgian newspaper "De Tijd" club operator Aspria is looking for a new financial partner. This is to replace the participation of shareholder Ares, which had acquired former owner Apollo, whose...[more]

14. February 2014

Pure Gym and The Gym Group Agree to Merge

The british budget fitness operators Pure Gym and The Gym Group today announced plans to merge amid growing membership at fitness clubs and growing consumer demand for low-fee, high quality and flexible health and fitness club...[more]