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News

JD Gyms acquires Ben Dunne Gyms UK

Our first acquisition is a milestone in the development of the brand and we’re open to approaches from independent gyms or small chains that would help to grow our expanding portfolio
– Alun Peacock, MD, JD Gyms

The UK division of Ben Dunne Gyms has been acquired by JD Gyms in a multi-million-pound deal.

JD Gyms, part of JD Sports Fashion group, has closed the three sites for a full redesign, refurbishment and relaunch.

The sites – one in Manchester city centre and two are on the outskirts of Liverpool city centre – will reopen as JD Gyms from mid-February onwards.

“This exciting acquisition helps to fuel our wider growth plans,” said Alun Peacock, managing director of JD Gyms.

“Our first acquisition is a milestone in the development of the brand and we’re open to approaches from independent gyms or small chains that would help to further grow our expanding portfolio.”

Peacock first revealed the expansion plans in an interview with Health Club Management in August last year.

After strong organic growth in 2017, the acquisition will see JD Gyms reach 19 operational gyms by the end of Q1, with a further 10 sites legally committed to open within the 2018-19 financial year.

While the exact figure for the deal has not been disclosed, the low-cost operator will invest an average of £2m ($2.8m, €2.3m) on each fit-out.

The new gyms will each include a JD Burn area; cardio, strength and functional fitness equipment; a sprint and prowler track; and female and male saunas.

The Irish division of Ben Dunne Gyms will remain under Ben Dunne’s ownership.

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Features
Consumer trends
Generation Z will know much more about healthy lifestyles, from a very young age, than any previous generations, which means a great future for the fitness and wellness industries
Features
ukactive update
Following the release of a new report on mental health in the workplace, ukactive’s public affairs director Huw Edwards, highlights physical activity’s role in workplace wellbeing
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Workplace fitness
With UK productivity levels trailing behind other EU economies, Tom Walker asks if fitness offers a solution and if operators can use their knowledge to improve their own productivity
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Research
Researchers from the University of California, Los Angeles, have found that regular exercise can significantly reduce the risk of glaucoma – a leading cause of blindness
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