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New Deal


Announced

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.

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