PureGym
| Private Company | |
| Industry | Health Clubs |
| Founded | 2009 |
| Founder | Peter Roberts |
Area served | United Kingdom |
| Website | www.puregym.com |
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PureGym Limited is a chain of no frills fitness clubs in the United Kingdom. The chain is based in Leeds and has gyms across the UK.
It is Britain's largest gym chain by membership with about 450,000 members currently signed up and has plans to open 300 gyms by 2020.
In May 2015, PureGym acquired all gyms from rival UK fitness chain LA Fitness bringing the total number of gyms across the UK to 141.
Facilities
The gyms are open 24 hours a day[1] and offer cardio equipment, fixed and free weights, and exercise classes. There are no swimming pools or saunas which are found in more expensive gyms.
All PureGyms are monitored by real-time TV linked directly to security staff and emergency services.
Ownership and management
PureGym is privately owned by CCMP Capital and other investors.[2] In 2014, rival The Gym Group attempted to take over Pure Gym, but abandoned the takeover after it was referred to the Competition and Markets Authority.[3]
In May 2015, PureGym said they are close to buying their UK rival LA Fitness for around £60 million to £80 million.[4]
Humphrey Cobbold took over from Peter Roberts as the CEO and Peter Roberts has, in turn, become the Executive Chairman, with Adam Bellamy continuing as the CFO.
References
- ↑ "Hard at it in the all-night gym | Life and style". The Guardian. 2016-08-29. Retrieved 2016-09-08.
- ↑ "Private equity takeover lifts Pure Gym". Retrieved 8 September 2016.
- ↑ "The Gym Group keen to cut pounds in growth market". Retrieved 8 September 2016.
- ↑ "Pure Gym to buy rival LA Fitness". BBC News. 29 May 2015.
External links
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Wikimedia Commons has media related to PureGym. |