WILL'S FITNESS CLUB (SHANGHAI) CO LTD / LVMH MOET HENNESSY LOUIS VUITTON SA / L CATTERTON / Private / Acquisition

Synopsis

L Catterton Asia invested in Will’s Group, one of China’s biggest private gym operators. L Catterton is backed by luxury giant LVMH Moet Hennessy Louis Vuitton SE. Will’s, founded in 1996, operates more than 130 fitness clubs serving almost 400,000 members in 12 Chinese cities. Financial terms weren’t disclosed.

Principals

target

Will's Fitness Club (shanghai) Co

bidder

L Catterton

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Bidder Team (3)

gilbert ong

CFO at L CATTERTON

Investor

bidder

Deal

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ravinder singh thakran

Chairman and CEO at L CATTERTON

Investor

bidder

Deals

n/a

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philip corne

Chairman at L CATTERTON

Investor

bidder

Deal

n/a

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