Pure Gym to push forward with expansion despite failed merger
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Millfield School
Competitive
Street, UK
Center Parcs
£21,200 plus commission and amazing benefits
Wiltshire, UK
star job
The Sport, Leisure and Culture Consultancy
Competitive
Haywards Heath, UK
Xercise4Less
Realistic OTE of £30,000
Nationwide, United Kingdom
énergie group
Competitive
Solihull, UK

Pure Gym to push forward with expansion despite failed merger

Job opportunities
Letchworth Sports and Tennis Club
£18,720 to £19,760
location: Letchworth Garden City, UK
Charterhouse Club
Competitive
location: Godalming, Surrey, UK
YMCA
£30,000 per annum (£42,000 OTE)
location: Fitzrovia, London, UK
more jobs

Low cost operator Pure Gym plans to banish the blues of its failed merger with The Gym Group by foraging ahead with a substantial expansion, possibly aided by further attempted acquisitions.

In the wake of yesterday’s news that the two operators would no longer pursue a merger, Pure Gym has outlined plans to open a further 20 gyms by the end of 2014, taking the chain’s total number of sites up to 90.

The chain expects to have 430,000 members by the end of this year and hopes this can be the launchpad for further growth, with founder and CEO Peter Roberts outlining the vision of nearly doubling the number of Pure Gym sites by the end of 2015.

“We are continuously looking for new sites throughout the UK and are still interested in future acquisitions of smaller gym groups with the vision of having 130 gyms open by the end of 2015,” said Roberts.

“We are also looking to expand our portfolio in Europe where we are currently the second largest budget fitness operator, as well as other countries outside of Europe.“

Of the proposed merger with The Gym Group, which hit the skids after the Competition and Markets Authority (CMA) expressed concern that combining the businesses may lead to "higher gym membership prices or a reduction in quality and choice for customers," Roberts was philosophical.

“We still believe that our planned merger with The Gym Group would have provided more availability of affordable fitness to the people of the UK,” he added.

“However with the delay of the process we came to an amicable decision with The Gym Group to be independent companies and continue with our rapid growth strategy. We wish their team all the success with their future plans.”

Sign up for FREE ezines & magazines
Low cost operator Pure Gym plans to banish the blues of its failed merger with The Gym Group by foraging ahead with a substantial expansion, possibly aided by further attempted acquisitions.
HAF,PUB
904238_950309.jpg
employer of choice
Would you like to work for a gym operator that allows you to develop and use your skills to the full whilst being well rewarded? The Gym is totally committed to allowing 'the manager to manage' and rewarding our key personnel for delivery... More
Active IQ
Active IQ