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Virgin Active is to sell 35 gyms to Nuffield Health for undisclosed terms, in order to focus on the expansion of its luxury Collection sites.
Virgin Active is to sell an 80% stake in its global chain of 267 gyms to South African investment firm Brait for £673m.
Virgin Active is to invest £100m in the expansion of its chain of 113 fitness clubs over the next three years.
Virgin Active is to invest £25m in improvements to the 53 recently-acquired Esporta fitness clubs this year.
Virgin Active is to acquire 55 Esporta fitness clubs in the UK for £78m.
Virgin Active is looking to expand its chain of 187 health clubs with new sites in Bristol, Guildford, Italy and South Africa.