Celebrity Fitness is a fitness center operator with a network of clubs across Indonesia, Malaysia, the Philippines, and India.[1]
Background
Celebrity Fitness was founded in 2003 by John Franklin, Mike Anderson, and JJ Sweeney. Celebrity Fitness commenced operations in February 2004 in Jakarta.
In 2005, Celebrity Fitness entered the Malaysian market with its first club in Kuala Lumpur. This is located at 1 Utama Shopping Centre in Petaling Jaya, Selangor, Malaysia. The Malaysian business expanded in 2009 with the purchase of California Fitness (Malaysia) gyms.
In 2007, the majority shareholding of Celebrity Fitness was acquired by Navis Capital Partners.
In 2012, Celebrity Fitness entered the Singaporean market.
In 2017, Fitness First Asia merged with Celebrity Fitness to create Evolution Wellness Holdings Pte. Ltd., equally co-owned by Oaktree Capital Management and Navis Capital Partners. However, both brands will remain separate.[2]
External links
References
- Fitness club merger sees creation of Evolution Wellness Evolution Wellness Holding, March 2017, retrieved 26 May 2018^
- Vivienne Tay. Celebrity Fitness and Fitness First Asia set to merge Marketing, 24 February 2017, retrieved 19 May 2018^