The Group announced today that it has signed an agreement to acquire Esporta's UK business of 55 health clubs and 159,000 members for a total consideration of up to £77.6 million.
Commenting, Richard Baker, Chairman of Virgin Active said:
“The company is pleased to report another strong set of results, in the face of tough economic conditions. Our strategy of engaging great people to deliver a high quality experience to our members has once again delivered for our shareholders. The exciting acquisition of the Esporta clubs will enable us to accelerate our growth plans in the UK.”
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