We at edelhelfer are pleased to give you an update on the latest developments in the fitness and cycling markets:

Featured Industry News

Fitness: Mindbody takes over ClassPass and secures additional capital

Mindbody today announced it has entered into a definitive agreement to acquire ClassPass for an undisclosed amount. At the same time the merged company secured a USD 500 million investment led by Sixth Street.

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Cycling: Pon Holdings signs agreement to acquire Dorel Sports

The combination of Dorel Sports and Pon.Bike will create a leading bike company in the world with around EUR 2.5 billion in revenues, according to Pon. It will unite 15 well-known bike brands under its umbrella and is expected to close before the first quarter of 2022.

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Fitness: Viva Fitness takes over marea Fitness

The fitness chain Viva Fitness is taking over the five facilities of marea Fitness in Ahlen, Emdstetten, Lingen, Oldenburg and Nordhorn, thus growing to a total of 48 studios. The company plans to double the number of facilities by the end of 2022.

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More Industry News

Fitness: Mayfair Equity Partners leads USDm 41 investment in EGYM

Fitness: The Gym Group share price jumps upwards

Cycling: Dutch e-bike brand VanMoof raises USDm 128m