Virgin Active’s £25m to make health clubs fitter
VIRGIN Active has announced plans to spend £25m on improving the 53 Esporta clubs it bought last year to bulk up the business.
The group, which operates 122 sites in the UK, including several in Yorkshire, three of which were previously Esporta clubs, said it will follow up the £77.6m acquisition by upgrading the former-Esporta estate this year, with some clubs benefiting from new equipment and changing rooms.
The move comes after a nine per cent rise in underlying earnings to £126.8m in 2011 as global membership broke the one million mark. The group bought four clubs in Australia from Virgin Group and it said it will use this as a launch pad to open its first new clubs in Asia.