Health Club Management - Pure Gym and The Gym Group announce merger, Treharne to be CEO...
04 Mar 2015 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
TRX expands EMEA team with triple appointment
TRX expands EMEA team with triple appointment   03 Mar 2015

TRX has announced three new appointments to further strengthen its EMEA team, having recently recruited Alan Holl from Virgin Active to serve as the region’s senior director. .... more>>
SLM owner signals public health ambitions with weight management acquisition
SLM owner signals public health ambitions with weight management acquisition   03 Mar 2015

The owner of Sports Leisure Management (SLM) has acquired wellness intervention provider Weight Management Centre as it bids to cement its position as a leading public health delivery partner. Family-owned business .... more>>
Doctors call for child wellbeing to be election priority
Doctors call for child wellbeing to be election priority   02 Mar 2015

Ensuring that Britain’s children are leading healthy and active lifestyles should be a top priority for all parties in the forthcoming General Election. That is the view of the .... more>>
Wearable start-ups make leap into skipping rope sector
Wearable start-ups make leap into skipping rope sector   02 Mar 2015

We’ve had smartwatches, smart glasses and even smart shoes. Now the humble skipping rope is the latest age-old object to be .... more>>
Poor pool capacity could hinder baby swimming boom, says research
Poor pool capacity could hinder baby swimming boom, says research   27 Feb 2015

The infant private swim school sector that has surged in the UK over the past decade is yet to reach its peak, although growth could yet be checked by .... more>>
Company profile


Matrix Fitness

Matrix cardiovascular equipment combines technology and entertainment to provide an engaging and challenging workout.

View full profile>>

Catalogue gallery


Featured Supplier

Addgards launches ‘Executive’ range of wet wipe stations

Addgards launches ‘Executive’ range of wet wipe stations

Available in granite, white marble, sandstone and green marble, Addgards’ new ‘Executive’ wet wipe station will add a touch of class and enhance any gym interior. More>>




in this issue

• Green light for £400m Tottenham stadium
• Agassi nets DLL supply contract
• Man Utd legends unveil Hotel Football



Latest jobs

Jobs Search



Senior Fitness Instructor
Salary: £15,765 to £17,528 pa
Location: Leeds, United Kingdom
Company: University of Leeds
Sales Admin Co-Ordinator
Salary: £16,000-£18,000 pro rata (dependent on experience)
Location: Bath, United Kingdom
Company: Move GB
MoveGB Customer Motivator
Salary: £14,000 - £16,000 dependent on experience
Location: Bath, United Kingdom
Company: Move GB
Diary dates
Powered by leisurediary.com




02-03 Mar 2015

Professional Beauty Bangalore

Bangalore, Bangalore, India



Health Club Management magazine 2015 issue 3
Health Club Management
2015 issue 3

View issue contents
View on turning pages
Download PDF
  Interview - Sandra Dodd:
The new CEO of Places for People Leisure talks to Kate Cracknell about the company becoming a social enterprise and rolling out a private community gym brand More>>
  Marketing: A picture speaks 1,000 words
Video can ignite your social media, but you need to know how to use the medium to its best effect. Manraaj Sunner offers his advice More>>


Health Club Management magazine 2015 issue 2

Health Club Management
2015 issue 2

View issue contents
View turning pages
Download PDF
  FIBO-EHFF 2015: Show preview
The world’s largest health and fitness trade show takes place in Cologne, Germany, from 9–12 April, with the EHFF on 8 April More>>
  Everyone’s talking about...: Calorie counting
With obesity a growing problem, should the industry be doing more to help members understand the calories in / calories out equation? 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