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The same year, Life Fitness expanded into treadmills. Life Fitness was acquired by Brunswick Corporation in June 1997 for $310 million. [5] [6] The sale was completed on July 11, 1997. [7] Later in 1997, Life Fitness bought Hammer Strength, a manufacturer of weight machines. [8] ParaBody, Inc. was bought by Life Fitness in 1998. [9] [10]
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As of January 20, 2016, Cybex International, Inc. was purchased by Brunswick Corporation for $195 million. [1] As part of this purchase, Cybex is to join the Life Fitness portfolio of fitness brands, along with Life Fitness, Hammer Strength, InMovement, SciFIT, and Indoor Cycling Group (ICG).
Augustine L. Nieto II (February 15, 1958 – February 22, 2023) [2] was the founder and chief executive of Life Fitness, as well as the chairman of Augie's Quest to Cure ALS, and the ALS Therapy Development Institute. He and his wife, Lynne, lived in Corona Del Mar, California, and had four children and eight grandchildren. [3]
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Life Time Athletic, Chanhassen, Minnesota Life Time Inc. facility, Alpharetta, Georgia The company was founded by chairman and chief executive officer, Bahram Akradi. [1] The company was incorporated in 1990 as FCA, Ltd., a Minnesota corporation, and registered the name Life Time Fitness in March of 1992. [2]