We Help Companies Find New Sales Opportunities
Esporta is to invest £1bn in the expansion of its chain of health and fitness centres over the next five years.
Esporta, the chain of 52 fitness clubs, is to be sold by Duke Street Capital to the Halabi family trust for about £460m.
Esporta has unveiled plans to build a £4.6m tennis centre at its Thorpe Wood fitness club in Peterborough by spring 2007.
Esporta has sold 13 health clubs to Virgin Active for undisclosed terms, including sites in Chelmsford, Rugby, Crawley, Birmingham, Bolton, Gloucester, Medway and six in Spain.
Esporta is to set up a £10m health club in Bath and acquire a new site in Worcester, using the proceeds of a £33m sale and leaseback deal with Standard Life.
Esporta is to set up a £3.1m health and fitness centre in Birmingham, with the creation of up to 60 jobs.
Esporta has awarded a £2.2m contract to Midas to build a health and fitness club in Taunton.
Esporta, the health club operator, is to be acquired by private equity firm Duke Street Capital for £145m.
Esporta has announced plans to expand its chain of health clubs by transforming under-used areas of existing sites into gyms and by opening smaller sites in up to 60 towns.
Esporta is planning to open 14 health and fitness clubs a year for the next three years to add to the existing 38.
Esporta is looking to invest up to £100m in the expansion of its fitness centres across Europe, and is seeking sites in Spain, Portugal, Scandinavia and Germany.
Esporta is planning to expand its chain of 31 health and fitness clubs with a further 12 in 2001.
Esporta has bought nine health clubs from Healthland International, the South Africa operator that is being wound up, in a £2.1m deal.
Esporta is planning to double the size of its chain of health and fitness clubs from 23 to 46 by 2002.