Healthcity completes Fitness First deal
Fitness First is expected to complete the sale of its Benelux business to HealthCity International this month.
The decision to sell, first announced in November, will see the 57 clubs trading under the Passage Fitness First, Fitness First and Just Fit brands pass to HealthCity, which already has 152 clubs in the region trading under the HealthCity and Basic Fit brands.
Colin Waggett, CEO of Fitness First, said: "This is an opportunity for us to redirect resources and management focus into higher growth markets, particularly Asia."
Rene Moos, CEO of HealthCity, added: "We are very pleased to be able to add this portfolio of clubs to our estate, further strengthening our market leading position in both fullservice and budget clubs."
P<> An interview with Rene Moos, CEO of HealthCity International, will appear in the February issue of Health Club Management.More News
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