Tegelaars after MBO of Cannons
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
énergie group
Competitive
Caspian Wharf, Bow, London, UK
énergie fitness
Competitive
Warrington, UK
The National Museum of the Royal Navy
£22,350 - £23,950 (£21,718.24 - £23,273.01 pro rata)
Portsmouth, UK
Surge Padel
Up to 20k basic + OTE
Harrogate, UK
Hampshire County Council
£33,653 - £37,876
Calshot Activities Centre, Southampton

Tegelaars after MBO of Cannons

Job opportunities
Surge Padel
Up to 20k basic + OTE
location: Harrogate, UK
more jobs

Cannons' chief executive, Harm Tegelaars and managing director, Martin Oliver, have been granted a period of exclusivity to complete due diligence on a proposed management buyout. The deal, pitched at 155p per share, values the health club chain at £360m and comes three months after Cannons launched its strategic review. The announcement comes as the group released results 'ahead of expectations' for the year to 31 December 2000. Pre-tax profits jumped 41 per cent to £19.5m, with turnover up 32 per cent to £91.4m. Like-for-like sales were also by 8 per cent on the previous year. The MBO, backed by Royal Bank Devlopment Capital, has six weeks exclusivity on the deal. Following the statement, Cannons shares rose 7p to 148.5p.

Sign up for FREE ezines & magazines
Cannons' chief executive, Harm Tegelaars and managing director, Martin Oliver, have been granted a period of exclusivity to complete due diligence on a proposed management buyout.
,
blanknews.gif

More News

1 - 15 of 43,382
29 Jul 2021
The US fitness industry lost around 58 per cent of its revenues during 2020, due to the pandemic and the subsequent lockdowns and club closures. ... More
28 Jul 2021
Speaking exclusive to HCM, Ralph Scholz and Nathalie Smeeman have confirmed that B2B trade show FitnessConnected will go ahead this year as a face-to-face event. ... More
27 Jul 2021
The Pingdemic of people receiving notifications on their phones, telling them to self-isolate because of contact with COVID-19 cases, is threatening to create staff shortages ... More
27 Jul 2021
The Gym Group has extended its partnership with digital fitness platform Fiit, becoming the first budget gym operator to offer its members a hybrid club-in-club ... More
26 Jul 2021
The world's largest fitness trade fair, FIBO, has been rescheduled again and will now take place from 7 - 10 April 2022, marking a return ... More
23 Jul 2021
Rainer Schaller, founder of budget gym megabrand McFIT, says that the global fitness industry will have to prepare for permanent life with COVID-19 – but ... More
Miha Bodytec GmbH
Miha Bodytec GmbH
23 Jul 2021
The most high-risk and controversial Olympics of modern times begin today (23 July) in Tokyo, having been delayed for a year due to the COVID-19 ... More
22 Jul 2021
Further research into the levels of positive COVID-19 cases among those to have visited fitness clubs and leisure facilities is currently being developed by EuropeActive. ... More
22 Jul 2021
Planning approval has been granted to what is set to become one of the first Passivhaus-certified leisure buildings in the world. The new Spelthorne Leisure ... More
21 Jul 2021
Digital fitness content provider, Wexer, is launching a new wellness resource on its connected Web Player. Called Mind123, it will focus on wellness rather than ... More
21 Jul 2021
Leisure-net has revealed plans to transform its active-net business event from an annual face-to-face gathering into a monthly hybrid event. With a different theme each ... More
20 Jul 2021
F45's IPO on the New York Stock Exchange (NYSE) has revealed a strong appetite from investors, with 18.75 million shares sold, priced at US$16 each, ... More
Life Fitness (UK) Ltd
Life Fitness (UK) Ltd
20 Jul 2021
A fitness club with a boxing studio, dance and performing arts studio and a four-court sports hall are just a few of the facilities included ... More
19 Jul 2021
A large health club plays a major role in tech giant Microsoft’s recently opened R&D campus in Israel, which was designed to "re-define office working". ... More
19 Jul 2021
KA Leisure has appointed industry veteran Malcolm McPhail as its interim chief executive. McPhail, who was group CEO at Stockport Sports Trust/Life Leisure until October ... More
Les Mills
Les Mills
1 - 15 of 43,382
Technogym
Technogym