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Announced

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Frasers Group completed the acquisition of fitness and gym business of Dave Whelan Sports for £44m.

Synopsis

Frasers Group, a retail company, completed the acquisition of the fitness and gym business of Dave Whelan Sports, a British retailing and fitness business, for £44m. "The transaction compliments the existing gym and fitness club portfolio within the company's group and is consistent with the group's elevation strategy. Frasers Group looks forward to elevating the gym and fitness assets acquired pursuant to the Transaction under the group's existing iconic Everlast brand, and is also pleased to have saved a number of jobs," Frasers Group.

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