Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Recreational Services
fitness
Denmark
Private
gym
Majority
Private Equity
Friendly
recreational services
Cross Border
Completed
Synopsis
Leonard Green and Partners-backed PureGym, Britain’s biggest health and fitness club operator, completed the acquisition of Fitness World, a Danish fitness chain, from FSN Capital for £350m ($460m). This deal gives PureGym a significant scale in Continental Europe and rapidly accelerate its international expansion. "This transaction brings together two well matched, successful market-leading businesses and the combination creates a powerful platform from which to accelerate growth and deliver on our purpose of getting even more people, more active, more often,” Humphrey Cobbold, PureGym Chief Executive Officer.
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