Listed gym operator Talwalkars has entered into a JV with British sports firm David Lloyd Leisure to enhance into the leisure and sports club space in India.
The entity will be known as Talwalkars David Lloyd Leisure Consulting and it aims to provide consulting services for leisure and sports clubs in high-end residential complexes, gated community townships and corporate campuses.
No investment amounts and stake allocation details were revealed though.
David Lloyd Leisure has 30 years of expertise and strategic knowledge on costs, implementation and execution of such clubs.
Talwalkars is one of India’s largest chain of health centres and has over 120 branches across 60 cities in the country with more than 1.25 lakh members.
Started with setting up of the first gym in Mumbai in 1932, the brand offers diverse services like gyms, spas, aerobics and health counseling.
In the space recently VLCC acquired the Malaysian company Wyann International giving it access to Southeast Asian market and Asia rights for American cosmetics brand Skin Nutrition.
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Tags
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David Lloyd Leisure ,
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VLCC ,
David Lloyd ,
gym ,
sports ,
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consulting ,
health ,
Talwalkars ,
David Lloyd Leisure ,
Talwalkars David Lloyd Leisure Consulting ,
VLCC ,
David Lloyd
