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News Archive - April/May 2014
Expansion plans for health club chain
David Lloyd Leisure is seeking to expand its portfolio of health clubs and high street studios.
The health, sport and leisure group is looking for both large sites for its private members’ clubs as well as smaller retail locations for its high street health and fitness concept, David Lloyd Studio.
David Lloyd Leisure, recently acquired with investment funds managed by private equity firm, TDR Capital LLP, announced in September 2013 that it had earmarked opportunities to invest more than £50m across the existing estate to further enhance facilities provided to members. It has identified a pipeline of over 20 potential additional sites in the UK as well as several mergers and acquisitions opportunities.
The group, which has 81 clubs in the UK and 10 across Europe, has ambitious proposals to expand its high street health and fitness model, David Lloyd Studio. Three initial sites have opened since September 2012 and there are plans to roll out up to 20 new studios each year catering for local urban communities where a full-size club is not feasible.
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