The Fitness and Lifestyle Group to acquire CMG Asia.

Synopsis

The Fitness and Lifestyle Group, the Asia-Pacific's leader in health and wellness, agreed to acquire CMG Asia, a gym group. Financial terms were not disclosed. CMG Asia facilities have about 100k members generating about $20m in annual earnings.

Principals

target

Cmg Asia

bidder

Fitness And Lifestyle Group

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Market Context

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Seller Team (1)

randy dobson

Chairman at CMG ASIA

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

oren peleg

CEO at FITNESS AND LIFESTYLE GROUP

Manager

bidder

Deal

n/a

Total Value

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