Celebrity Fitness Explained

Celebrity Fitness (CF)
Type:Private
Genre:Fitness
Foundation:Jakarta, Indonesia (2003)
Founder:John Franklin, Mike Duane Anderson, John Joseph Sweeney
Location Country:Jakarta, Indonesia
Industry:Health and Fitness
Key People:Simon Flint (CEO, Evolution Wellness) Rajat Singh (CEO-India)
Num Employees:≈2,400
Footnotes:Celebrity Fitness in Indonesia, Malaysia, the Philippines and India, are separate entities with different shareholders, and managed by different leadership teams.
Parent:Evolution Wellness (Oaktree Capital Management (50%) and Navis Capital Partners (50%)) - for Celebrity Fitness Indonesia and Malaysia

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

Notes and References

  1. Web site: Fitness club merger sees creation of Evolution Wellness. Evolution Wellness Holding. en-US. 26 May 2018.
  2. Web site: Celebrity Fitness and Fitness First Asia set to merge. Tay. Vivienne. Marketing. 24 February 2017. 19 May 2018.