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edited by tom walker. email:
tomwalker@leisuremedia.com caan sells nuyuu to énergie group
Health club operator the énergie Group has acquired budget gym operator nuyuu for an undisclosed sum from Dragons’ Den star James Caan. The deal includes four
of the fi ve nuyuu clubs – at East Grinstead, Stevenage, Newbury and Slough. Énergie plans to rebrand the clubs over the next three months. The fi fth nuyuu club in Scotland is not part of the deal. The takeover marks the
end of the road for the nuyuu brand, which was jointly founded just 12 months ago by Dragons’ Den serial entrepreneur Caan and Ben Silcox, a former LA Fitness national sales manager. Caan’s investment vehicle Hamilton Bradshaw was one of the primary investors in the nuyuu venture, with Silcox taking up the role of managing director. As part of the takeover
M3 INDOOR CYCLE M5
ELLIPTICAL AIR RESISTANCE RANGE
James Caan (left) launched the nuyuu fi tness chain with Ben Silcox (right) in 2009
deal with énergie, Silcox will join the new business as a partner and will retain responsibility for both day-to-day operations and growth of the four clubs under the énergie brand. The deal is part of énergie’s expansion strategy, which has seen the group add
more than 20 clubs to its portfolio this year. This recent acquisition of nuyuu follows the takeover in May 2010 of Ireland’s market-leading Jackie Skelly Fitness brand, which included nine 2,323sq m (25,000sq ft) ‘wet’ clubs.
fi tness4less to open nottingham club
Bristol-based budget gym operator Fitness4Less has acquired a new site for a club in Nottingham. The 1,440sq m (15,500sq ft) unit
is situated in ‘The Pod’ – Bildurn Properties’ mixed-use scheme in Fletchergate. Fit-out will commence immediately for the new-build, open-plan property, with the opening scheduled for January 2011. The acquisition is part of the
chain’s ambitious expansion plans. In January 2010, the company appointed
november/december 2010 © cybertrek 2010
leisure property specialists Christie + Co to oversee its acquisition and development programme across the UK. According to Jon Patrick, head of leisure at Christie, the property’s location on the doorstep of the mixed-use development will help ensure signifi cant footfall. Fitness4Less launched its fi rst site
in September 2007. Its clubs offer monthly memberships at £14.99, while annual memberships are also available at prices ranging from £99 to £150.
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