Health Club Management - Pure Gym and The Gym Group announce merger, Treharne to be CEO...
25 Jul 2014 Health Club Management: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
BLOG
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

11 Feb 2014

Pure Gym and The Gym Group announce merger, Treharne to be CEO
BY Jak Phillips

John Treharne, chief executive of The Gym Group, will replicate his role for the new group

John Treharne, chief executive of The Gym Group, will replicate his role for the new group

Budget fitness club operators Pure Gym and The Gym Group have today announced plans to merge, pending regulatory approval.

The deal marks the union of two of the leading brands in the highly competitive budget club sector, who in recent years have been jostling for market share.

Financial terms of the agreement have not been disclosed.

“This agreed deal unites two innovative players in the fast-changing gyms sector, where the low-priced model is improving consumer choice and contributing to better exercise levels across the country,” says Peter Roberts, chief executive of Pure Gym.

Meanwhile, The Gym Group chief executive John Treharne believes the merger will put the company on a firm footing to further challenge traditional gym models.

He says: “This enlarged business, combining great facilities and excellent trainers, will provide a compelling alternative to existing gym providers.”

As part of the merger agreement, Pure Gym’s Roberts will become executive chair of the new group, while John Treharne will be chief executive.

The new company will be a combination of the current Pure Gym – owned by CCMP Capital Advisors, LLC – and The Gym Group, owned by Phoenix Equity Partners and Bridges Ventures.

The two companies will continue to operate independently until regulatory approval and completion terms are finalised.

Pure Gym launched in 2009 and operates 61, 24-hour gyms across the UK, with one site in Northern Ireland.

The Gym Group was founded in 2007 and operates 42 gyms across Great Britain.

Both run a low-cost business model, typically offering contract-free membership based around cardio and strength training equipment and group classes.



Connect with
Health Club Management
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Celebrity trainer Mark Anthony offloads Notting Hill gym
Celebrity trainer Mark Anthony offloads Notting Hill gym   25 Jul 2014

Celebrity fitness trainer Mark Anthony has sold his eponymous club in Notting Hill to HIIT-focused chain Heartcore Fitness for an .... more>>
ClanFit Glasgow chills members with cryotherapy offering
ClanFit Glasgow chills members with cryotherapy offering   25 Jul 2014

Scotland has never been known for its warm climate, but members of the ClanFit gym in Glasgow were given the chance to go seriously sub-zero this week, thanks to an extreme cryotherapy treatment. BOC – an industrial .... more>>
UK’s biggest dedicated Parkour training facility gets a leg-up
UK’s biggest dedicated Parkour training facility gets a leg-up   25 Jul 2014

The UK’s largest dedicated Parkour training facility has quadrupled in size, after North Lanarkshire Council (NLC) commissioned .... more>>
The Gym Group / Pure Gym merger stall due to CMA's 'narrow' view of health club market: Algar
The Gym Group / Pure Gym merger stall due to CMA's 'narrow' view of health club market: Algar   24 Jul 2014

The Competition and Markets Authority (CMA) decision to refer the proposed merger of The Gym Group and Pure Gym to an in-depth .... more>>
Work starts on Adwick Leisure Centre improvement plan
Work starts on Adwick Leisure Centre improvement plan   24 Jul 2014

Work has got underway this week on a £1.9m regeneration project to upgrade facilities at Adwick Leisure Centre in Doncaster. Operator Doncaster .... more>>
Company profile


XN Leisure Systems Ltd

Thousands of users are benefiting from our wealth of knowledge and expertise, making Xn Leisure your technology partner of choice.

View full profile>>

Catalogue gallery


Featured Supplier

UK Sport enlists Wattbike in search for Olympic champions

UK Sport enlists Wattbike in search for Olympic champions

UK Sport, the agency responsible for investing in high performance sport, is searching to find the next generation of Olympic champions and has turned to the Wattbike for assistance. More>>




in this issue

• Pure Gym to push expansion despite failed merger
• ukactive criticises NICE guidelines
• Maiden voyage for Titanic Hotel



Latest jobs

Jobs Search



Personal Trainer
Salary: Self Employed
Location: Bromley, United Kingdom
Company: énergie group
Wet Operations Manager - Sports
Salary: £23,000 per annum
Location: Hillingdon, United Kingdom
Company: Fusion
Crew Member / Fitness Instructor
Salary: Negotiable
Location: Bromley, United Kingdom
Company: énergie group
Diary dates
Powered by leisurediary.com




04-07 Aug 2014

10th Annual International Conference on Kinesiology and Exercise Sciences

TBC, Athens, Greece



Health Club Management magazine 2014 issue 7
Health Club Management
2014 issue 7

View issue contents
View on turning pages
Download PDF
  Interview – Reynir Indahl:
The chair of Health & Fitness Nordic talks to Kate Cracknell about the disruptive influence of technology and the fundamental need for businesses to be useful More>>
  Research round-up: Gut feeling
Exercise may reduce the risk of obesity thanks to its impact on good bacteria in the gut, says new research More>>


Health Club Management magazine 2014 issue 6

Health Club Management
2014 issue 6

View issue contents
View turning pages
Download PDF
  Management series: Buying in a selling world
Dave Wright offers his advice to health club managers wanting to improve their understanding of, and performance in, the area of sales More>>
  Gymtopia series: On the ball
Gymtopia, Hukka, Finland, squash balls, therapeutic blankets, autistic, autism More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd