NEWS
Aussie fitness chain Viva continues acquisition programme – picks up Healthworks
POSTED 16 Oct 2019 . BY Tom Walker
The eight, full-service Healthworks clubs offer group exercise classes, large gym floors and functional training areas
Australian health club operator Viva Leisure has acquired eight Healthworks Fitness Centres in the state of Queensland.

Healthworks offers full-service clubs with group exercise classes, large gym floors and functional training areas.

The deal – which will be funded from Viva's cash reservers – is part of the company's plans to expand rapidly across Australia.

It comes just two months after Viva completed the acquisition of the Fitness 24/7 chain in the state of Victoria. In July, Viva scooped up the Project Fitness Group based in Mitchell, the Australian Capital Territory.

The acquisitions follow on from Viva's listing on the Australian stockmarket – the ASX – in June.

Viva owns and operates two full-service fitness chains – Club Lime and the ladies-only Club Pink – as well as the functional fitness operator HIIT Republic and boutique indoor cycling brand Psycle Life. It also has a personal training division, Gymmy PT.

By acquiring Healthworks, Viva is entering the Queensland fitness market for the first time.

In a statement, the company said: "Our data and research indicate that our hub and spoke model is conducive for the Queensland market and the sites acquired show attractive propositions based on this research and analysis.

"Under the Company’s hub and spoke model, Viva Leisure expects to open additional locations in Queensland, both under the Club Lime and hiit republic brands, in the short to medium term to compliment the Healthworks Acquisition."

Harry Konstantinou, CEO of Viva Leisure, added: "Entering the Queensland market for the first time with such a high-quality acquisition of the eight Healthworks clubs is an exciting milestone for us.

"The opportunities that it provides to extend our hub and spoke model into these new territories is significant. We expect to be operating over 15 locations in Queensland within the next 12 months."
 


CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2020

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Leisure Management - Aussie fitness chain Viva continues acquisition programme – picks up Healthworks...
27 May 2020 Leisure Management: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

16 Oct 2019

Aussie fitness chain Viva continues acquisition programme – picks up Healthworks
BY Tom Walker

The eight, full-service Healthworks clubs offer group exercise classes, large gym floors and functional training areas

The eight, full-service Healthworks clubs offer group exercise classes, large gym floors and functional training areas

Australian health club operator Viva Leisure has acquired eight Healthworks Fitness Centres in the state of Queensland.

Healthworks offers full-service clubs with group exercise classes, large gym floors and functional training areas.

The deal – which will be funded from Viva's cash reservers – is part of the company's plans to expand rapidly across Australia.

It comes just two months after Viva completed the acquisition of the Fitness 24/7 chain in the state of Victoria. In July, Viva scooped up the Project Fitness Group based in Mitchell, the Australian Capital Territory.

The acquisitions follow on from Viva's listing on the Australian stockmarket – the ASX – in June.

Viva owns and operates two full-service fitness chains – Club Lime and the ladies-only Club Pink – as well as the functional fitness operator HIIT Republic and boutique indoor cycling brand Psycle Life. It also has a personal training division, Gymmy PT.

By acquiring Healthworks, Viva is entering the Queensland fitness market for the first time.

In a statement, the company said: "Our data and research indicate that our hub and spoke model is conducive for the Queensland market and the sites acquired show attractive propositions based on this research and analysis.

"Under the Company’s hub and spoke model, Viva Leisure expects to open additional locations in Queensland, both under the Club Lime and hiit republic brands, in the short to medium term to compliment the Healthworks Acquisition."

Harry Konstantinou, CEO of Viva Leisure, added: "Entering the Queensland market for the first time with such a high-quality acquisition of the eight Healthworks clubs is an exciting milestone for us.

"The opportunities that it provides to extend our hub and spoke model into these new territories is significant. We expect to be operating over 15 locations in Queensland within the next 12 months."



Connect with
Leisure Management
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Study: aerobic exercise improves memory by boosting blood flow to the brain
Study: aerobic exercise improves memory by boosting blood flow to the brain   26 May 2020

Aerobic exercise boosts blood flow into two key regions of the brain associated with memory, which can result in improved cognition even in older .... more>>
Parsons, Vance and Wayland-Smith launch new consultancy firm, The Spa Collective
Parsons, Vance and Wayland-Smith launch new consultancy firm, The Spa Collective   26 May 2020

Laura Parsons, Robert Vance and Jennifer Wayland-Smith have announced they are collaborating to launch a brand new spa consultancy named The Spa .... more>>
Webinar: Cities after COVID-19 – lessons for greenfield megaprojects
Webinar: Cities after COVID-19 – lessons for greenfield megaprojects   25 May 2020

Having seen COVID-19 disrupt the very functioning of cities worldwide, what would we do differently if we built new cities from scratch? This is .... more>>
First Apple hotel planned as part of new Austin campus
First Apple hotel planned as part of new Austin campus   25 May 2020

Tech giant, Apple, has received approval from City of Austin planners in Texas, for a six-storey, 192-bed, 76,000sq ft hotel, as part of a new US$1bn .... more>>
Gympass fast-tracks new digital wellness platform
Gympass fast-tracks new digital wellness platform   25 May 2020

Gympass has launched a new digital platform as a response to the increase in demand for online wellness programming. Called Gympass Wellness, the .... more>>
Lanserhof launches COVID-19 programme
Lanserhof launches COVID-19 programme   23 May 2020

Austrian medical health and wellness operator, Lanserhof, has launched a programme for people who’ve had COVID-19. The regime has been designed to .... more>>
Company profile


Matrix Fitness

At Matrix Fitness, our goal is to make innovative commercial fitness equipment that stands out and sets new industry standards.

View full profile>>

Catalogue gallery


Featured Supplier

myFitApp launches branded live-streaming as part of its COVID-19 support package

myFitApp launches branded live-streaming as part of its COVID-19 support package

Innovatise, the company behind myFitApp, has announced the immediate availability of its customer- branded live-streaming solution. More>>




in this issue

• Fitness United set up to support sector
• MPs write to Rishi Sunak, asking for tourism support
• Government 'stepping up plans' for the return of sport



Latest jobs

Jobs Search



Swimming Teachers
Salary: Competitive hourly rate
Location: Nationwide
Company: Everyone Active
Lifeguards
Salary: Competitive
Location: Nationwide, United Kingdom
Company: Everyone Active
Personal Trainers
Salary: Self Employed
Location: Nationwide, United Kingdom
Company: Everyone Active
Diary dates
Powered by leisurediary.com

02-05 Jun 2020

MIPIM

Palais des Festivals, Cannes, France



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Restaurants: Sharing the love
Famous restaurants are popping up in unexpected places. We found out more More>>
  Profile: Aaron Simpson
Quintessentially is an exclusive concierge service for some of the world’s richest people. Co-founder Aaron Simpson reveals what wealthy people want More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  Visitor profiles: Beyond demographics
Gerri Morris, of Morris Hargreaves McIntyre, on defining cultural consumers More>>
  Interview: Tony Butler
Derby Museums Trust executive director delivers social justice in museums More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd