David Lloyd Leisure: Difference between revisions
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London & Regional Properties already owned and operated Next Generation Clubs; the businesses were merged under the Next Generation Clubs' management team led by Scott Lloyd, David Lloyd's son.<ref name=nextgenerationclubs>{{cite web |url=http://www.nextgenerationclubs.co.uk/?p=press&a=1 |title=London & Regional Properties and Bank of Scotland acquire David Lloyd Leisure Ltd |accessdate=15 July 2011 |author= |date=5 June 2007 |work=Press release |publisher=Next Generation Clubs |archiveurl=https://web.archive.org/web/20071008061334/http://www.nextgenerationclubs.co.uk/?p=press&a=1 |archivedate=8 October 2007}}</ref> |
London & Regional Properties already owned and operated Next Generation Clubs; the businesses were merged under the Next Generation Clubs' management team led by Scott Lloyd, David Lloyd's son.<ref name=nextgenerationclubs>{{cite web |url=http://www.nextgenerationclubs.co.uk/?p=press&a=1 |title=London & Regional Properties and Bank of Scotland acquire David Lloyd Leisure Ltd |accessdate=15 July 2011 |author= |date=5 June 2007 |work=Press release |publisher=Next Generation Clubs |archiveurl=https://web.archive.org/web/20071008061334/http://www.nextgenerationclubs.co.uk/?p=press&a=1 |archivedate=8 October 2007}}</ref> |
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On 5 September 2013 London & Regional Properties agreed to sell David Lloyd Leisure to [[TDR Capital]] for £750m. |
On 5 September 2013 London & Regional Properties agreed to sell David Lloyd Leisure to [[TDR Capital]] for £750m. Since then, David Lloyd Leisure has grown from 90 clubs to 125 through both new build and acquisition of existing clubs and groups. During this period TDR Capital has invested £440m into the existing clubs to ensure that they continue to deliver market leading facilities and services for its members. |
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The David Lloyd Leisure Group now has 99 clubs in the UK and a further 26 clubs internationally comprising its three brands David Lloyd Clubs, Harbour Clubs in London and David Lloyd Meridian in Germany. |
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David Lloyd Cricklewood will become the 126th club (and 100th Club in the UK) when it opens in Spring 2022. |
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Since 2017, David Lloyd Leisure has been voted into the Sunday Times’ 25 Best Companies to work for by its team, for four years. |
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==Current operations== |
==Current operations== |
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Revision as of 08:37, 4 March 2022
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| Company type | Limited company |
|---|---|
| Industry | Health club, gym, tennis |
| Founded | 1982 |
| Founder | David Lloyd |
| Headquarters | , England, UK |
Number of locations | 125 total 99 in the UK 26 across Europe [1] |
Area served | UK, mainland Europe |
Key people | Glenn Earlam, Executive Chairman Russell Barnes, Chief Executive Officer |
| Services | Premium Health, Fitness and Racquets |
| Owner | TDR Capital |
| Members | c.710,000 |
Number of employees | c.10,000 |
| Website | www |
51°45′54″N 0°14′24″W / 51.765°N 0.240°W David Lloyd Leisure is Europe's largest health, fitness and leisure business by revenue,[2] operating 125 clubs across nine countries.
History
David Lloyd established David Lloyd Leisure in 1982 and opened the first club, aimed at providing a family orientated, high quality fitness and leisure facility. This was somewhat distinct from the traditional gyms and sports centres of the time. There was also an emphasis on racquet sports.
By 1995, there were 18 David Lloyd Leisure clubs when Whitbread PLC acquired the company for £182 million,[3] incorporating it into its Restaurants & Leisure Division. Gerrard Duxbury remained as managing director of the division until 1996.
Whitbread ran more than 50 David Lloyd Leisure (DLL) clubs in the UK with a further number in Spain, the Netherlands and Belgium. However, by the mid-2000s, the business was giving Whitbread a poor financial return,[4] and on 2 August 2007 they sold it to London & Regional Properties and Bank of Scotland for £925 million. Whitbread used the proceeds from the sale to repay debt.[3]
London & Regional Properties already owned and operated Next Generation Clubs; the businesses were merged under the Next Generation Clubs' management team led by Scott Lloyd, David Lloyd's son.[5]
On 5 September 2013 London & Regional Properties agreed to sell David Lloyd Leisure to TDR Capital for £750m. Since then, David Lloyd Leisure has grown from 90 clubs to 125 through both new build and acquisition of existing clubs and groups. During this period TDR Capital has invested £440m into the existing clubs to ensure that they continue to deliver market leading facilities and services for its members. The David Lloyd Leisure Group now has 99 clubs in the UK and a further 26 clubs internationally comprising its three brands David Lloyd Clubs, Harbour Clubs in London and David Lloyd Meridian in Germany.
David Lloyd Cricklewood will become the 126th club (and 100th Club in the UK) when it opens in Spring 2022.
Since 2017, David Lloyd Leisure has been voted into the Sunday Times’ 25 Best Companies to work for by its team, for four years.
Current operations
David Lloyd Leisure currently operates 99 clubs in the United Kingdom as well as 26 in Europe in Spain, Germany, France, Switzerland, Ireland, Belgium, Italy and the Netherlands.[6]
References
- ^ https://www.davidlloyd.co.uk/about-us David Lloyd Leisure. Retrieved 11 November 2019.
- ^ https://www2.deloitte.com/content/dam/Deloitte/de/Documents/consumer-business/European-Health-and-Fitness-Market-2020-Reportauszug.pdf
- ^ a b Whitbread sells David Lloyd gyms, BBC News, 4 June 2007. Retrieved 15 July 2011.
- ^ Osborne, Alistair (2 September 2005). "Leisure boss ousted over poor figures". Daily Telegraph. Retrieved 15 July 2011.
- ^ "London & Regional Properties and Bank of Scotland acquire David Lloyd Leisure Ltd". Press release. Next Generation Clubs. 5 June 2007. Archived from the original on 8 October 2007. Retrieved 15 July 2011.
- ^ "About". David Lloyd Leisure. Retrieved 2 December 2014.
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