According to media reports, former Asda chair Archie Norman is among the bidders for health club chain Esporta.
The chain launched a formal auction process in mid-September, after receiving several approaches from rival companies. It is estimated to be worth around £460m.
The Times reports that Norman made a bid via his private equity vehicle Aurigo Management, which he launched earlier this year.
However, analysts back Whitbread – which already owns the David Lloyd chain – to acquire Esporta.
The deadline for initial offers was last week, and a reported six parties will now be invited to take part in the second round of bidding.
Esporta owns and operates 54 clubs in the UK. Details: www.esporta.com
According to media reports, the former Asda chair Archie Norman is among the bidders for health club chain Esporta.
As health club operators move to incorporate recovery into their
offerings to meet growing consumer demand, Steph Eaves takes a
look at what cryotherapy and ice bathing can add to the equation
Experience the pinnacle of fitness and luxury at the premier industry event, Sibec EMEA, set
against the breathtaking backdrop of the Fairmont Monte Carlo this Autumn.
As one of the most energy-intensive industries in the UK, leisure facilities face a critical
challenge in balancing net zero goals, funding and increased costs.
Being a carer – whether that’s looking after a young person, a senior citizen or someone with
a long-term illness or disability – can be rewarding but stressful at times. These
responsibilities may also limit the carer’s ability to find paid employment.
11 to 14 April saw the fitness industry impressively demonstrate just how innovative it is in
fulfilling its responsibility for a healthy society at FIBO in Cologne. Over 1,000 exhibitors
and partners generated boundless enthusiasm among 129,668 visitors from 114 countries.
According to media reports, former Asda chair Archie Norman is among the bidders for health club chain Esporta.
The chain launched a formal auction process in mid-September, after receiving several approaches from rival companies. It is estimated to be worth around £460m.
The Times reports that Norman made a bid via his private equity vehicle Aurigo Management, which he launched earlier this year.
However, analysts back Whitbread – which already owns the David Lloyd chain – to acquire Esporta.
The deadline for initial offers was last week, and a reported six parties will now be invited to take part in the second round of bidding.
Esporta owns and operates 54 clubs in the UK. Details: www.esporta.com
According to media reports, the former Asda chair Archie Norman is among the bidders for health club chain Esporta.
As health club operators move to incorporate recovery into their
offerings to meet growing consumer demand, Steph Eaves takes a
look at what cryotherapy and ice bathing can add to the equation
Members are telling us they need support with their mental and spiritual health and the industry is starting to see this need. Now’s the time to fast-track our response
Imposter syndrome about a promotion taught the
CEO of SATS that behaving authentically is the most
important part of leadership. He talks to Kath Hudson
Experience the pinnacle of fitness and luxury at the premier industry event, Sibec EMEA, set
against the breathtaking backdrop of the Fairmont Monte Carlo this Autumn.
As one of the most energy-intensive industries in the UK, leisure facilities face a critical
challenge in balancing net zero goals, funding and increased costs.
Being a carer – whether that’s looking after a young person, a senior citizen or someone with
a long-term illness or disability – can be rewarding but stressful at times. These
responsibilities may also limit the carer’s ability to find paid employment.
11 to 14 April saw the fitness industry impressively demonstrate just how innovative it is in
fulfilling its responsibility for a healthy society at FIBO in Cologne. Over 1,000 exhibitors
and partners generated boundless enthusiasm among 129,668 visitors from 114 countries.