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The Gym location in Lewisham, London. The company was founded by a squash player, John Treharne, in Hounslow in West London in 2007. [3] Phoenix Equity Partners and Bridges Ventures invested in the company in its early years. [4] [5] The business was listed on the Sunday Times Fast Track 100 in 2012. [6]
In 2014, rival The Gym Group attempted to take over PureGym, but abandoned the takeover after it was referred to the Competition and Markets Authority. [13] In May 2015, PureGym Ltd bought their UK rival LA Fitness for around £60 million to £80 million. [14] [15] Humphrey Cobbold took over from Peter Roberts as the CEO.
Another novelty in Germany at that time was the idea of 24-hour opening hours 365 days a year, which offered members the greatest flexibility in terms of time to go to the gym. Over the years, the McFit concept has changed and evolved somewhat.
This is a list of gym chains by country. Some gyms may have the same name but in fact be unrelated. Some gyms may have the same name but in fact be unrelated. This is a list of generally corporate-owned or franchised gyms operating worldwide.
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On 24 August 2020, it was announced that the company founded by Dave Whelan's long time rival Mike Ashley, Frasers Group, would buy 46 leisure clubs and 31 retail outlets from DW Sports Fitness for £37m, but would not be using the firm's brand name. [4] 922 jobs out of the 1,700 would be saved as part of the Frasers Group deal. [4]
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