Announced
Completed
Financials
Tags
Completed
Acquisition
Private Equity
Majority
Single Bidder
wellness centers
Germany
Friendly
Recreational Services
Private
Cross Border
Synopsis
TDR Capital and David Lloyd Leisure, a British multinational sports, health and leisure business, completed the acquisition of Meridian, a fitness center in Hamburg, Germany, from Afinum. Financial terms were not disclosed. "The Meridian Group is a strong and well-respected operator in the German health and fitness industry, and is a key strategic acquisition for David Lloyd Leisure. We have ambitious plans to further invest in and further develop the clubs, and look forward to meeting the Meridian members and team, and sharing our vision for the future," Glenn Earlam, DL CEO.
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