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Industry News

06. February 2014

Goldman Sachs increases investment in Russian fitness chain World Class

Goldman Sachs' private equity branch Special Situations Group (SSG) is raising its stake in high-end Russian gym chain World Class, expecting lifestyle spending to grow in Russia despite slowdown of economy. [more]

13. January 2014

New logo = new success?

UK fitness operator Fitness First and Kieser Training from Switzerland appear each with a new logo and a new image since the beginning of 2014.[more]

06. January 2014

Swiss Migros invests in German fitness company Inline

The Swiss retailer Migros Zurich invests in the fitness company Inline. The German-based company offers consulting and training services in the fitness and wellness area and with Injoy a franchise system for health and fitness...[more]

26. November 2013

LA Fitness launches an upmarket gym chain in London

The British fitness company opened its 2400 sqm club LAX in Aldgate’s St Botolph building in October 2013. This € 3, 6 million -investment is part of a € 24 million expansion plan and the response to the crowded gym market and...[more]

25. November 2013

3i invests in Basic-Fit, the leading discount fitness operator in Europe

3i Group plc (“3i”), an international investor, has agreed to invest in Basic-Fit, the leading discount fitness operator in Europe, alongside co-founder and CEO Rene Moos who will remain a shareholder in the company.[more]

15. October 2013

MeridianSpa plans to raise 10 million EUR

The "premium provider of fitness, wellness and body care" MeridianSpa gives a bond for the second time in its history. In 2011 with the "fitness bond" 4.6 million euros were raised. With the new "Wellness bond" a volume of 10...[more]

07. October 2013

Investors are paying more than 1.5 billion euros for fitness providers

The largest European fitness brands rely on further growth. The European Health and Fitness Association (EHFA) published, in cooperation with Deloitte, a report on the developments in the fitness industry in Europe.[more]

27. September 2013

Sweden brings X-Force Sports clubs to Germany

At the beginning of October 2013 the first " X-Force Sports Club " opened in Carolinensiel- Harlesiel on the North Sea coast. The fitness facility, in close connection to the local "Cliner Quelle"leisure pool, is the first site...[more]

12. September 2013

Health City / Basic Fit- group again in sole property of their founders

The Health City / Basic -Fit Group, one of the largest fitness provider in Europe, is back in the hands of their founders, after they have bought back the previous 50 % stake from the investment company Waterland Private Equity.[more]

05. September 2013

TDR Capital buys David Lloyd Leisure

David Lloyd Leisure, one of Britain's largest gym chains, has announced the takeover by the private equity group TDR Capital. TDR already invested in the restaurant chain Pizza Express and Center Parcs UK should have paid about...[more]

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