Technogym
Technogym
Technogym

Gymbox secures £10m in funding to expand beyond London to cities across the UK

Gym chain Gymbox has gained investment capital of £10m from the Business Growth Fund (BGF), with Clearwater International securing the deal, as well as an additional £7m in fresh loans.

Gymbox currently has five clubs across London and will use BGF’s capital to continue its site roll-out in London with three additional sites already secured. Beyond these, the company now has the funding in place to open several further gyms in London, and beyond that in other UK cities.

Founded in 2001 by Richard Hilton, Gymbox opened its first gym in Holborn in September 2003 and today has clubs in Farringdon, Covent Garden, Bank and Westfield. The company is expected to turnover £10m this year and currently has 13,400 members on its books.

Gymbox represents BGF’s second investment in the UK fitness market having backed Yorkshire-based low-cost gym group Xercise4Less in August 2013, which now has 23 gyms nationwide.

“The Gymbox brand has gone from strength to strength in recent years based on our contemporary club designs, exciting and original classes and our ability to offer customers new and unique ways of keeping fit,” said Gymbox managing director, Richard Hilton.

“We look forward to opening new sites this year and next and introducing the Gymbox concept to a wider in audience in London and other UK cities.”

Related stories
16 Jun 2010

Gymbox to open Westfield club

02 Sep 2008

New Gymbox site opens

24 Nov 2006

£5m Gymbox to open

11 May 2006

Gymbox to open second site in Covent Garden

04 Aug 2003

Gymbox to open in September

Gym chain Gymbox has gained investment capital of £10m from the Business Growth Fund (BGF), with Clearwater International securing the deal, as well as an additional £7m in fresh loans. Gymbox currently has five clubs across London and will use BGF’s capital to continue its site roll-out in London with three additional sites already secured. Beyond these, the company now has the funding in place to open several further gyms
HAF
Gymbox is set to expand across the UK after securing a £10m investment with an additional £7m in fresh loans / Gymbox
More news
News stories: 1 - 30 of 7784     
 
 
 
News stories: 1 - 30 of 7784     
 
 
 
featured supplier
Featured Supplier: CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone
Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design.
company profile
Company profile: bbspa_Group
In an extremely competitive world where clients have ever increasing demands, creating a successful wellness and spa project is more and more complex. To help you differentiate yourself and protect your investments, we founded bbspa_Group, a global consulting company dedicated to wellness and spa projects, which puts the focus on your success.
Try cladmag for free!
Sign up with CLAD to receive our regular ezine, instant news alerts, free digital subscriptions to CLADweek, CLADmag and CLADbook and to request a free sample of the next issue of CLADmag.
sign up
features
The German Gymnasium was designed by architect Edward Gruning and originally opened in 1864. It was the UK’s first purpose built gym
Norden studied architecture at Westminster, before joining C&P in 1997. She completed her MA at the Royal College of Art in 2000
"We didn’t want in-your-face sporting references; just subtle things that allow you to tell a story"

The Conran & Partners director outlines the trends shaping hospitality design

My favourite part of the building is the original bank vault, in the belly of the building
Lund has worked as a designer for Soho House since 2014. She co-led the design of The Ned
"My favourite part of the building is the original bank vault, in the belly of the building. It once stored gold bullion deposits of £335m"

On the challenges of creating The Ned

Designs for the Museo Nacional del Peru by Luis Longhi
Schreibeis Smith set up Vera Iconica Architecture in 2010
"Wellness is essentially an insurance policy to promote physical and mental long term health"

Raising the profile of wellness architecture

Catalogue Gallery
Click on a catalogue to view it online
To advertise in our catalogue gallery: call +44(0)1462 431385
features
Henri Cleinge transformed a former banking hall into a café and coworking space
"A vast yet understated investment in cultural institutions and tourist infrastructure is taking place without lavish budgets, starchitects or international fanfare"

The amazing projects transforming Canada’s second city

Dan Pearson was inspired by Chinese gardens and heritage towns
"This carefully choreographed interplay of room and courtyard extends through all scales of the masterplan"

The desire to save a threatened forest and historic buildings in China led to a truly unique resort, We speak to the people that made it happen

Serenbe offers a varied fitness programme that includes group yoga. A growing body of research suggests that exercising outdoors is better for you than working out indoors
"We love being surrounded by people who teach us and make us better. Serenbe has also really enhanced our thinking about the value of nature and being outside on a daily basis"

Eliza Bacot and her husband Benton talk about living at Serenbe with their family

features
Steve and Marie Nygren
"The vision was to create a community that feels as though it’s always been there"

Eco community Serenbe was launched in the heart of the Giorgia countryside to provide an alternative to the traditional American suburb. As work starts on a new wellness hamlet, we speak to the founders

Populous designed Zhuhai’s International Tennis Centre
Andrew James heads a new partnership between Populous and Alisports, the sports arm of Alibaba
"Alibaba has set its sights on operating 50,000 sports venues in China over the next 10 years to build a connection with its 470 million subscribers"

The Populous director explains a major deal which will transform China’s sporting infrastructure

The design features raised walkways to protect the jungle floor
Heather Henninger (left) and Nathan Stevenson (right)
"Our goal is to be one of the largest dedicated green wellness communities in the world"

A new green wellness community for Mexico

cladkit product news
Eden project uses drones to spell out climate change warning
Magali Robathan
Almost 300 drones were used to signal an environmental message above the Eden Project’s biomes, during the UN Climate Change ...
Codelocks develops new glass door smart lock
The new lock model allows facilities and building managers to create and manage access via an app or online portal
Megan Whitby
Codelocks has launched its first glass door smart lock to bring intelligent access control to modern spa, leisure, fitness and ...
Alberto Apostoli and Newform collaborate to launch the A.Zeta showerhead
The showerhead offers two modes; rainfall or waterfall
Megan Whitby
Italian architect Alberto Apostoli has renewed his partnership with Newform – an Italian wellness company – and designed A.Zeta. A.Zeta ...
cladkit product news
Siminetti unveils iridescent decorative panelling range inspired by plants
The Clematis design
Megan Whitby
The Botanicals is Siminetti’s newest Mother of Pearl decorative panelling collection, inspired by the distinctive patterns found in botany and ...
Jaffe Holden helps bring Academy Museum of Motion Pictures alive
Jaffe Holden provided architectural acoustics for the Academy Museum
Magali Robathan
Acoustical consulting firm Jaffe Holden provided architectural acoustics and audio/video design services for the recently opened Academy Museum of Motion ...
Eco Resort Network conference to convene in Mauritius this May
The event will be hosted in the Mauritius in 2024
Megan Whitby
Hospitality industry event Eco Resort Network is set to take place at the Ravenala Attitude Hotel, Turtle Bay, Mauritius, from ...
cladkit product news
Mather & Co and ITV unite to create Coronation Street Experience
Mather & Co has transformed the visitor centre into the ultimate haven for ardent Coronation Street viewers
Magali Robathan
Experience designers, Mather & Co, have orchestrated a remarkable collaboration with ITV to unveil the new Coronation Street Experience, a ...
Alberto Apostoli designs tech-forward Wellness Therapy furniture collection for Varaschin
The furniture collection draws on absolute geometries, pure lines, neutral colours and strong references to nature
Megan Whitby
Furniture manufacturer Varaschin has unveiled the new Wellness Therapy range, designed by Italian spa and wellness architect and designer Alberto ...
Koto Design introduces wood-fired hot tub
Koto is known for crafting modular, energy-neutral cabins and homes
Katie Barnes
A striking wood-fired hot tub has been unveiled by Koto, an architecture and design studio which has a passion for ...
x
Sign up with CLAD for regular news updates
x
Email this to a friend or colleague
I am happy for Leisure Media to contact me occasionally by email and understand that I can opt out at any time.
Gymbox secures £10m in funding to expand beyond London to cities across the UK
Gym chain Gymbox has gained investment capital of £10m from the Business Growth Fund (BGF), with Clearwater International securing the deal, as well as an additional £7m in fresh loans.
Technogym
Technogym