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Vivafit expands in Spain
Vivafit, the largest chain of gyms in Portugal, has signed a contract to open a club in Lepe, near the city of Huelva, southern Spain.
This is Vivafit's first franchise in Spain and marks the chain's third opening in the country, after Madrid and Badajoz - both independent units.
It plans to open one further outlet in Spain by the end of 2010. Vivafit is also pursuing a programme of international expansion, with an eye on markets including India and Brazil.
The chain, which caters exclusively for women, now has a total of 114 fitness centres. In the first half of 2010, the company reported a growth in turnover of 14.7 per cent on the previous year.
Earlier this year Vivafit announced that it had signed its first master franchise deal to expand the brand into India.
The first Indian Vivafit opened in Delhi in October (2010).