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FIBO Exhibition
FIBO Exhibition
FIBO Exhibition
Health Club Management

Health Club Management

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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

Technogym reportedly poised for Milan IPO

Global wellness giant Technogym is lining up a potential float on the Milan stock exchange, according to reports.

Reuters has cited two separate sources who said Technogym has picked Mediobanca, JP Morgan and Goldman Sachs as global co-ordinators of the proposed listing.

One of the sources indicated that the IPO would most likely take place next year, with Technogym said to be hoping for a valuation of at least 10 times earnings before interest, tax, depreciation and amortisation (EBITDA).

The company was founded in 1983 by Nerio Alessandri who – together with his brother Pierluigi – owns 60 per cent of the business. The remaining 40 per cent is held by private equity fund Arle Capital Partners.

Technogym enjoyed a strong set of financial results in 2014, as EBITDA rose 77 per cent (year-on-year) to €64.8m (US$69.9m, £46.4m), while net debt fell to €57.2m (US$61.5m, £41m) – down from €87m (US$93.5m, £62.3m) at the end of 2013.

Alessandri has built the company from its inception in a garage in Cesena, Italy, into one of the most recognised wellness brands in the world. The company has supplied fitness equipment for every Olympic Games since Sydney 2000 and will continue has also landed the exclusive contract for next year's Rio 2016 Olympics.

A Technogym spokesperson told Health Club Management: "We can only say that there is in place a preliminary study on an eventual Technogym IPO. The process is still at a very early stage and no decisions have been made."

Global wellness giant Technogym is lining up a potential float on the Milan stock exchange, according to reports.
HAF,FIT,IND,PHR
22491_989629.jpg
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Safe Space has created a new locker space for global franchise, UFC GYM, which both maintains its brand image and delivers operational support
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Older men who play football regularly have cells ‘younger’ than those of their inactive peers, according to new research from sports scientists in Denmark and Germany
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Diary dates

News

Technogym reportedly poised for Milan IPO

Global wellness giant Technogym is lining up a potential float on the Milan stock exchange, according to reports.

Reuters has cited two separate sources who said Technogym has picked Mediobanca, JP Morgan and Goldman Sachs as global co-ordinators of the proposed listing.

One of the sources indicated that the IPO would most likely take place next year, with Technogym said to be hoping for a valuation of at least 10 times earnings before interest, tax, depreciation and amortisation (EBITDA).

The company was founded in 1983 by Nerio Alessandri who – together with his brother Pierluigi – owns 60 per cent of the business. The remaining 40 per cent is held by private equity fund Arle Capital Partners.

Technogym enjoyed a strong set of financial results in 2014, as EBITDA rose 77 per cent (year-on-year) to €64.8m (US$69.9m, £46.4m), while net debt fell to €57.2m (US$61.5m, £41m) – down from €87m (US$93.5m, £62.3m) at the end of 2013.

Alessandri has built the company from its inception in a garage in Cesena, Italy, into one of the most recognised wellness brands in the world. The company has supplied fitness equipment for every Olympic Games since Sydney 2000 and will continue has also landed the exclusive contract for next year's Rio 2016 Olympics.

A Technogym spokesperson told Health Club Management: "We can only say that there is in place a preliminary study on an eventual Technogym IPO. The process is still at a very early stage and no decisions have been made."

Global wellness giant Technogym is lining up a potential float on the Milan stock exchange, according to reports.
HAF,FIT,IND,PHR
22491_989629.jpg

News

Hundreds of thousands of small companies in the UK – including those operating in fitness
Boutique gym attendance and class bookings in some world regions have bounced back to around
The government has further extended protection from rent enforcement activity until the end of the
Town Sports International – which operates a raft of brands, including the New York Sports
Wearable tech firm Formsense has secured a technology partnership with an inter-interdisciplinary team of researchers
Les Mills has launched a trio of digital solutions to help fitness operators shift towards
Miha Bodytec GmbH
Miha Bodytec GmbH
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A study by researchers at Emory University in the US has shown how exercise can
A new training initiative is aiming to 'retool the physical activity workforce' to help businesses
Global Wellness Summit
Global Wellness Summit
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Althought local lockdowns are impacting gyms in Melbourne and also the state of Victoria, most
The Global Wellness Summit (GWS), has announced that a “Call for Wellness Innovations” contest, as
A study of gym visit data from the US suggests that health clubs and fitness
MyZone Group Ltd
MyZone Group Ltd
1 - 15 of 11,602
Features
feature
A study in the US found that restaurant attendance was the only factor which correlated with testing positive for the virus
Features
Talking Point
Some of those who’ve suffered from COVID-19 face a long road to recovery. What role can the health and fitness industry play in supporting them with their rehabilitation? Kath Hudson reports
Features
Special Report
World United is a brand new global campaign designed to help clubs reactivate paused members, attract new ones and celebrate the return of fitness. HCM gets a briefing from Jak Phillips
Features
Editor's letter
Lockdown was tough, but reopening has brought a new raft of challenges and opportunities, as gyms fight to be seen as powerful delivery partners in the fight against COVID-19, while also being safe for consumers
Features
Supplier showcase
Safe Space has created a new locker space for global franchise, UFC GYM, which both maintains its brand image and delivers operational support
Features
Research
Older men who play football regularly have cells ‘younger’ than those of their inactive peers, according to new research from sports scientists in Denmark and Germany
Features
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Suppliers are offering programming for rigs to enable operators to tackle social distancing challenges, create a boutique feel and reduce the intimidation factor. HCM gets the lowdown from key suppliers
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People
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I’m Confident we can deliver 50 coach gyms in the uk, however, I feel the opportunity is really much larger
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HCM people

Mark Tweedie

CEO, Community Leisure UK
Once facilities are mothballed they are unlikely to reopen ever again
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We measured the impact of the EGYM equipment we installed in our gyms and saw a 35% increase in core strength over a six-month period, while the percentage of residents using the gyms went up from 10% to over 50%
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Dan Bond

Owner, CrossFit Fort Ashton
We’d explained leading up to the lockdown that if everyone decided to freeze or cancel, then there would be a possibility of not having a gym to come back to
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Dave Courteen

MD and co-founder of Mosaic Spa and Health Clubs
I set myself the goal that if I found someone famous to write the foreword and a publisher, then I would write the book
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We offer career progression and decent pay and retain 85–90% of staff each year
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Opinion
promotion
The pandemic has thrown a new focus on health, with sales of body composition analysis equipment at an all-time high, as InBody’s Francesca Cooper explains.
Opinion: Gyms add body composition analysis and health screening to their offering following pandemic
Featured supplier news
Featured supplier: Volution explains how to drive the lifetime value of members through virtual engagement
In April 2020, two-thirds of the world’s gyms went into temporary closure due to COVID-19.
Featured supplier news
Featured supplier: Speedflex develops new personalised HIIT programme to support the overweight getting into fitness
As the government announced its new obesity strategy to limit the impact of a potential second wave of COVID-19, HIIT specialists, Speedflex are also doing their bit to help tackle the issue.
Video Gallery
Freemotion FUSION Team Training
FreeMotion Fitness
The High-Intensity Cardio-Strength Training. Read more
More videos:
Company profiles
Company profile: Core Health & Fitness
Core Health & Fitness is more than gym equipment, we offer innovative solutions for all ...
Company profiles
Company profile: EMD UK
EMD UK is the national governing body for group exercise. Funded by Sport England, EMD ...
Supplier Showcases
Supplier showcase - The personal touch
Catalogue Gallery
Click on a catalogue to view it online
Directory
Wearable technology solutions
MyZone: Wearable technology solutions
Direct debit solutions
Harlands Group: Direct debit solutions
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Red Light Therapy
 Red Light Rising: Red Light Therapy
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Management software
fibodo Limited: Management software
Spa software
SpaBooker: Spa software
Fitness Software
FunXtion International BV: Fitness Software
Fitness equipment
Healthcheck Services Ltd: Fitness equipment
Design consultants
Zynk Design Consultants: Design consultants
Property & Tenders
11 - 25 Union St, London SE1 1SD
Bankside Open Spaces Trust
Property & Tenders
Waltham Abbey, Essex
Lee Valley Regional Park Authority
Property & Tenders
Diary dates
21-24 Sep 2020
Loews Coronado Bay Resort, Coronado, United States
Diary dates
21-24 Sep 2020
Messe Stuttgart, Germany
Diary dates
22-23 Sep 2020
Heythrop Park, United Kingdom
Diary dates
07 Oct 2020
Online, Singapore, Singapore
Diary dates
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Pinggu, Beijing, China
Diary dates
03-06 Nov 2020
Online,
Diary dates
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Athena, Leicester, United Kingdom
Diary dates
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IFEMA, Madrid, Spain
Diary dates
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NEC, Birmingham, United Kingdom
Diary dates
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Expo Centre & Riviera di Rimini, Italy
Diary dates
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