Latest news
Tchenguiz in £50m deal with LA Fitness
By
Following its acquisition of Crown Sports last month, LA Fitness has sold 15 of the group’s Dragon’s health clubs to Robert Tchenguiz’s R20 investment vehicle in a £50m sale and leaseback deal.
LA Fitness will continue to operate the clubs, which will be be rebranded over the next year.
There are 21 clubs in total, acquired by LA Fitness for £38.4m after a recommended cash offer of 13.2 pence for each Crown Sports share.
Fred Turok, chief executive of LA Fitness, said: “The purchase of Crown Sports is an excellent strategic acquisition for LA Fitness in terms of business model and culture. It is an important building block in our objective to become the leading value and convenience health club operator.”
Crown Sports was formed in September 2000 and by 30 June 2005 it had net assets of £51.2m.
Following its acquisition of Crown Sports last month, LA Fitness has sold 15 of the group’s Dragon’s health clubs to Robert Tchenguiz’s R20 investment vehicle in a £50m sale and leaseback deal.
HAF,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,PRO,NULL,NULL
020306-LAFitness-weights.jpg
Latest news
14 Jul 2026
According to research which tracked more than 147,000 people for 30 years, 90-120 minutes of
14 Jul 2026
Everlast Gyms expands its footprint outside of the UK this month with the imminent launch
11 Jul 2026
The UK's four Chief Medical Officers have published a refreshed edition of Physical activity guidelines:
10 Jul 2026
Places Leisure has exchanged contracts to build and operate a flagship £60m water and wellness
09 Jul 2026
The Republic of Ireland will become the latest market in PureGym’s expanding international portfolio, with
09 Jul 2026
Sophie Lawler, CEO of Total Fitness, has launched a leadership coaching business aimed at helping
Panatta brought together four of the most influential figures in bodybuilding history on the stage
09 Jul 2026
Anytime Fitness reaches a milestone this week with the launch of its 6000th site. The
09 Jul 2026
The £33.9 million Leighton Leisure and Community Centre has opened in Leighton Buzzard, UK, creating
08 Jul 2026
YogaSix, the yoga brand owned by Xponential Fitness, has launched a heated, Pilates-inspired class called
08 Jul 2026
Walnuts Leisure Centre in Orpington, in the London Borough of Bromley, has reopened following a
08 Jul 2026
The Gym Group, has announced that it's sustained positive trading momentum has continued through the
07 Jul 2026
Hyrox has announced it will be working with a second charity in the upcoming season
Active Blackpool is deploying Cornerstone Connect, a new digital interface allowing disparate information from multiple
07 Jul 2026
US low-cost operator, Amped Fitness, has launched a flagship location in Texas, debuting its multi-sensory
07 Jul 2026
Luxury boutique Pilates and wellness studio, X-Club, officially launches a 4,000sq ft flagship at Marylebone
06 Jul 2026
The LifeFit Group continues its buy and build strategy with the acquisition of the Fitness
03 Jul 2026
An ambitious women’s only strength and lifting studio concept is set to launch in Dallas this
02 Jul 2026
Finnish outdoor fitness equipment specialist, Omnigym, has partnered with charity, Emmaüs Solidarité, to launch an
02 Jul 2026
Virgin Active has officially opened its redesigned Mayfair club, unveiling its latest Social Wellness Club
01 Jul 2026
Europe’s largest low-cost operator, Basic-Fit, has agreed to acquire 41 Wellyou clubs in Germany for
30 Jun 2026
Longevity is the most important motivator for today’s exercisers and social connection is key, according
HCM promotional features
Sponsored
Social fitness the missing link to member engagement, according to a new Myzone report
HCM promotional features
Sponsored
David Lloyd is stepping up its commitment to women’s health as it continues to explore what fit-for-purpose looks like for the female population
HCM promotional features
Sponsored
Greg Bradley looks at the shift towards strength training in gyms and advises on how operators can create the ultimate training environment
HCM promotional features
Sponsored
Find out how your gym can tap into the corporate wellness boom
HCM promotional features
Sponsored
SnowDome Fitness has added 50 per cent more space with cutting-edge Technogym solutions
HCM promotional features
Sponsored
Third Space partnered with IndigoFitness to deliver a
bespoke training space for its new club at The Whiteley
HCM promotional features
Sponsored
Starpool supports Olympic champion Marcell Jacobs, says Riccardo Turri
HCM promotional features
Sponsored
EGYM has opened a new HQ in Paternoster Square,
London and revealed a range of new launches
HCM promotional features
HCM magazine
A new report puts physical activity
at the heart of healthcare, says Muir Gray
HCM magazine
Shaping the future of the sector with a clear mission,
unified voice and open channels of communication.
This is the ambition of UK Active’s new chair
HCM magazine
After decades of focusing on adult audiences, operators are starting to engage young people – unlocking growth opportunities while supporting the health and wellbeing of future generations
HCM magazine
The fitness industry is mourning the passing of Les Mills,
a founding father of fitness, as Kath Hudson reports
HCM magazine
Would you stop selling memberships to prevent your club getting overcrowded?
How do you strike the balance between maximising profits and prioritising
the member experience? Kath Hudson talks to the experts
HCM magazine
World Athletics president, Sebastian Coe talks to Liz Terry
about the launch of Run X in partnership with Technogym
HCM magazine
The new CEO of UK Active talks to HCM about the gym-curious and
why he believes the sector can double in size by the end of the next decade
HCM magazine
Fuel the debate about issues and opportunities across the industry. We’d love to hear from you.
Write to [email protected]
HCM magazine
Software suppliers explain how AI,
automation and connected digital
experiences can work for the good
of operators and consumers
HCM magazine
HCM People
Matt Parker
MD, Brio“We’ve reduced the level of council investment over the last three years by 40 per cent and increased our turnover by 9 per cent”
HCM magazine
New legislation is exposing weakness
and potential liabilities in the
management of customer data in
health clubs, says Andy Chesterman
HCM magazine
Current vacancies
Operations Manager - Brentwood School Enterprises Brentwood School Sports Centre
£32,000 - £34,000pa + pension + benefits
Brentwood, Essex, United Kingdom
Read the latest issue
Opinion
promotion
“Strength training has moved from the margins to the mainstream.”
Featured supplier news
Active Blackpool is deploying Cornerstone Connect, a new digital interface allowing
disparate information from multiple systems to be aggregated into one dataset, to support
its focus on reducing health inequalities and improving healthy life expectancy.
Featured supplier news
Panatta brought together four of the most influential figures in bodybuilding history on the
stage of RiminiWellness 2026: Phil Heath, Lee Haney, Ronnie Coleman and Hany Rambod.
Company profiles
CET have developed ice baths specifically for the fitness and wellness sectors in addition to ...
Company profiles
Spirit Fitness is a premier brand within the Dyaco International Inc. portfolio, a global leader ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Fitness tracking platform
Hot tubs
Lockers
Water experiences and hydrotherapy solutions
Spa and beauty equipment
Industrial washing machines
Property & Tenders
Stratford, East London.
Lee Valley Regional Park Authority
Property & Tenders
Diary dates
21-24 Sep 2026
The Langham Huntington Pasadena , Pasadena, United States
Diary dates
Search news, features & products:
Find a supplier:
