Fitness group expands gym chain in £20m acquisition
Low-cost fitness group, The Gym, has expanded its presence in the Midlands and north of England with a £20m acquisition.
The Gym Group, which operates 98 The Gym-branded outlets around the country, has purchased 18 gyms from Competition Line, which operate rival gym chain Lifestyle Fitness, in a cash deal totalling £20.5m.
The sites acquired are in: Birmingham (Hagley Road), Birmingham (Trident), Barnsley, Burnley, Chesterfield, Darlington, Leicester, Handforth (Wilmslow), Hartlepool, Tamworth, Manchester (Deansgate), Kilmarno... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
