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Saturday, November 4, 2017

Pure Gym flexes muscles with £500 million UK stock market float ...
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PureGym Limited is a chain of no frills fitness clubs in the United Kingdom. The chain is based in Leeds and has gyms across the UK.

It is Britain's largest gym chain by membership with about 450,000 members currently signed up and has plans to open 300 gyms by 2020.

In May 2015, PureGym acquired all gyms from rival UK fitness chain LA Fitness bringing the total number of gyms across the UK to 141. As of September 2017, PureGym has over 180 gyms across the United Kingdom.


Video PureGym



Facilities

The gyms are open 24 hours a day and offer cardio equipment, fixed and free weights, and exercise classes. There are no swimming pools or saunas which are found in more expensive gyms.

All PureGyms are monitored by real-time TV linked directly to security staff and emergency services.


Maps PureGym



Ownership and management

PureGym is privately owned by CCMP Capital and other investors. In 2014, rival The Gym Group attempted to take over Pure Gym, but abandoned the takeover after it was referred to the Competition and Markets Authority.

In May 2015, PureGym said they are close to buying their UK rival LA Fitness for around £60 million to £80 million.

Humphrey Cobbold took over from Peter Roberts as the CEO and Peter Roberts has, in turn, become the Executive Chairman, with Adam Bellamy continuing as the CFO.


SEASON TICKET PARTNER OF THE WEEK | PUREGYM - News - Cardiff City
src: www.cardiffcityfc.co.uk


References


Cheap 24 Hour Gyms in Bristol Harbourside from £14.99 | PureGym
src: prod-ne-wap02-puregym.azureedge.net


External links

  • PureGym

Source of article : Wikipedia