Technogym
Technogym
Technogym
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Everyone Active
Competitive rates of pay
South Oxhey Leisure Centre, Watford
Mount Batten Group
c£65,000pa + pension + benefits
mount batten centre, plymouth

David Lloyd reveals acquisitions in Europe and a new green club concept for the UK

La Finca will be family focused, ABC Serrano is more high-end for professionals
Russell Barnes, CEO, says acquisition in Europe is the company’s key growth strategy
Also opening this month is a new green club concept in Bicester UK
Job opportunities
Mount Batten Group
c£65,000pa + pension + benefits
location: mount batten centre, plymouth, United Kingdom
more jobs
In Europe, acquisition is our key growth strategy
– Russell Barnes, CEO, David Lloyd Leisure
Credit: David Lloyd Leisure

David Lloyd Leisure (DLL) has acquired fitness clubs ABC Serrano and La Finca in Madrid. Once refurbished they will open in 2024.

La Finca is located 20 minutes from the heart of Madrid and will become a family-focused facility. The ABC Serrano club spans four floors above the ABC Serrano shopping centre and will target professionals seeking upmarket fitness and wellness facilities. Work on both clubs will start next year.

DLL has a stated aim of using the disruption of the pandemic to scale its portfolio, with aquisition as its core growth strategy. In an exclusive interview, CEO, Russell Barnes told HCM: "Coming out of the pandemic, lots of companies find themselves having to let go of assets to keep their core businesses afloat. This provides an opportunity for M&A the likes of which we probably haven’t seen, nor will we likely see again, in our working lifetime. DLL, therefore, has a chance to accelerate its growth."

The company acquired its first Spanish club in Barcelona in 2017, the same year it successfully built and opened a club in Aravaca Madrid. Last year it acquired three further clubs, at Gava Mar near Barcelona, Malaga and Zaragoza, from Grupo Accura. The company has allocated a €9m budget to transform these three facilities.

The acquisition of multi-site businesses is a key part of the DLL strategy, with Barnes telling HCM: "Growth via single-location new-builds is infinitely harder in Europe than in the UK, so we’re looking to acquire multi-site operators where we not only get an immediate foothold but also local expertise and a management team that comes with the business."

The Spanish acquisitions coincided with the opening of David Lloyd Bicester this month (September 2022), the first of DLL’s new generation of clubs to incorporate more green technology. These new green club concepts will also include a broader range of facilities, such as padel tennis and extra space for outdoor group exercise.

Earlier this year the company opened its doors to the new Cricklewood club following a £5.5m investment of the former Virgin Active site, and acquired Z2 in Modena, its second Italian club – the other being Milan’s David Lloyd Malaspina.

DLL has been buoyed by a rapid bounceback and business growth following the pandemic, increasing its number of clubs from 90 to 130 over the last few years. The DLL estate now comprises 101 UK clubs and 29 in mainland Europe.

Sign up for FREE ezines, news alerts & magazines
David Lloyd Leisure (DLL) has acquired fitness clubs ABC Serrano and La Finca in Madrid. Once refurbished they will open in 2024.
HAF,FIT,IND,PTS,INV
2022/THUMB350157_717894_472988.jpg

More News

1 - 15 of 67,860
13 Apr 2024
Planet Fitness has become the subject of a hate campaign by certain groups of consumers and seen share values slide, in the wake of a ... More
12 Apr 2024
A brand new desert hot springs oasis, called Zion Canyon Hot Springs, is set to open in Southern Utah in Q3 of 2025. Situated 30 ... More
11 Apr 2024
Recovery, social wellness and longevity were talking points at PerformX recently, tipped by many speakers as upcoming trends, while the exhibition halls featured infrared saunas, ... More
11 Apr 2024
A new study by UCLA Health found Kundalini yoga provided several benefits to cognition and memory for older women at risk of developing Alzheimer’s disease. ... More
10 Apr 2024
Luxury lakeside retreat The Ritz-Carlton-Reynolds, Lake Oconee in Georgia, US, is gearing up to unveil its new-look destination spa this May following a comprehensive makeover. ... More
09 Apr 2024
Europe’s first Evian Spa has opened at the five-star Hôtel Royal in Evian-les-Bains, France – the birthplace of the mineral water brand Evian. The spa ... More
10 Apr 2024
Industry experts are gathering in Cologne for today's European Health & Fitness Forum (EHFF), followed by FIBO from 11-14 April, which will feature almost 1,000 ... More
10 Apr 2024
Jason Worthy has been appointed group CEO of Myzone to lead the 'next stage of growth', with current group CEO, David Stalker, stepping back to ... More
09 Apr 2024
John Kersh has announced he is leaving boutique franchisor, Xponential Fitness, after eight years with the company – seven of them driving international growth across multiple ... More
09 Apr 2024
Oxygen Consulting is about to launch its first UK Padel Report, which investigates this fast-growing sport. Brought to the UK around 2012, padel has really ... More
08 Apr 2024
A boutique safari and wellness escape will open in Botswana’s wildlife-rich Okavango Delta this May, marking the latest venture from Ibiza's Atzaró Group. The Atzaró ... More
05 Apr 2024
Global publishing outfit, Leisure Media, has announced details of its new annual conference for decision-makers across the health, fitness and wellness markets. The event – ... More
05 Apr 2024
Portugese footballer, Cristiano Ronaldo, has launched a health and wellness app that harmonises advice on fitness, nutrition and mental wellness in one seamless experience. Renowned ... More
04 Apr 2024
Disturbing new research has found BMI completely fails as an accurate measure of obesity in children, calling into question the foundation for all past and ... More
03 Apr 2024
Spas which offer a fitness element might benefit from thinking about the timings of sessions, according to new research from Leiden University Medical Center in ... More
1 - 15 of 67,860
Technogym
Technogym