Technogym
Technogym
Technogym
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Wheels for All
£25,000 - £27,000pa
Warrington, hybrid-working
Wiltshire Council
£23,023 - £24,920
Devizes Leisure Centre
Falkland Islands Government
£38,781 - £44,716 + 25% completion gratuity + relocation package
Stanley Leisure Centre, Falkland Islands
star job
The Hurlingham Club
£19,081 + commission + benefits
The Hurlingham Club, London
Edinburgh Leisure
£33,513 - £37,236pa
Edinburgh

Life Fitness completes Indoor Cycling Group deal

Job opportunities
Edinburgh Leisure
£33,513 - £37,236pa
location: Edinburgh, United Kingdom
Sefton Council
£19,650 - £20,444
location: Netherton Activity Centre, Bootle, Liverpool, United Kingdom
The Hurlingham Club
£19,081 + commission + benefits
location: The Hurlingham Club, London, United Kingdom
more jobs

fitness'>Life Fitness' acquisition of the Indoor Cycling Group (ICG) for an undisclosed sum has been given the green light by the German competition authority.

In July, it was revealed that the fitness equipment supplier's parent company, Brunswick Corporation, had purchased the Germany-based group, and now the Bundeskartellamt – the competition authority – has rubber stamped the move.

ICG, a specialised provider of indoor cycling equipment, will be added to Life Fitness’ burgeoning portfolio of wellbeing and fitness brands. The acquisition is seen as a strategic move to diversify Life Fitness’ existing group exercise offering and the deal is the latest in a line of high-profile acquisitions for Brunswick.

Earlier this year, it acquired fitness supplier Cybex International for US$195m (€179m, £138m).

In July 2015, Brunswick added Scifit, which specialises in the active ageing market, to the Life Fitness portfolio.

Life Fitness president Chris Clawson said: “ICG's innovative technology, indoor cycling expertise and talented team position us to advance in the indoor cycling and group training categories.”

Founded in 1995, ICG is headquartered in Nuremberg, Germany, and is singularly focused on the indoor cycling business.

The company’s founder and chief executive officer, Bernd Pürschel, will remain in his position and will report directly to Clawson.

Sign up for FREE ezines & magazines
Life Fitness' acquisition of the Indoor Cycling Group (ICG) for an undisclosed sum has been given the green light by the German competition authority.
HAF
THUMB13324_157824.jpg

More News

1 - 15 of 43,740
12 Aug 2022
A new open water swimming venue will has been launched in the heart of Canary Wharf, London, UK – one of Europe's most prestigious office ... More
11 Aug 2022
The International Museum Construction Congress (IMCC) will take place in the Norwegian capital city, Oslo, from 6 to 8 November 2022. Now in its seventh ... More
11 Aug 2022
The Grand Egyptian Museum is set to finally open its doors after a design and construction project which has taken more than 20 years to ... More
11 Aug 2022
Peter Roberts, former CEO and founder of Pure Gym, has invested in Another Round, a personal training app which utilises AI and machine learning. Roberts ... More
10 Aug 2022
Fitness markets around the globe are demonstrating "reassuring signs of recovery" following the pandemic disruptions according to the new 2022 IHRSA Global Report. The recovery ... More
10 Aug 2022
The Horniman Museum in London, UK has agreed to return a collection of artefacts looted in the 19th Century from the Kingdom of Benin. The ... More
Les Mills
Les Mills
09 Aug 2022
Mark Sesnan, CEO of GLL, has pushed back on Tower Hamlet Council’s decision to take the operation of its leisure services back in-house when GLL’s ... More
09 Aug 2022
An oil rig that spent three decades in the North Sea before it was retired last year is being transformed into an interactive art installation ... More
09 Aug 2022
Actress, singer and long-term wellness advocate, Dame Olivia Newton-John has died aged 73. Newton-John became a passionate champion of the wellness industry after first being ... More
08 Aug 2022
Ohm Fitness, a new franchised studio concept, has opened its first location in Scottsdale, Arizona. Delivering small group workouts using electrical muscle stimulation (EMS), Ohm ... More
05 Aug 2022
Easton Leisure Centre in the UK has announced a 100 per cent reduction in heating costs of its 25m swimming pool this summer. Leading a ... More
04 Aug 2022
The Gym Group saw its membership grow by 10 per cent during the first six months of 2022 to 790,000, with revenues jumping to £84.2m ... More
Fitness On Demand
Fitness On Demand
03 Aug 2022
The Aussie World theme park on Australia’s Sunshine Coast has launched its first rollercoaster. The Dingo Racer spinning coaster, which was built by Reverchon Rides, ... More
02 Aug 2022
Mindbody has announced that Fritz Lanman will become the company’s new CEO from 3 September 2022. He will succeed Josh McCarter who will join Mindbody’s ... More
01 Aug 2022
Parkour Generations has joined forces with Gymbox to bring parkour into the UK’s mainstream fitness scene. The 45- or 60-minute sessions will run across four ... More
1 - 15 of 43,740
Technogym
Technogym