NRG Gyms acquires Pump Gyms, expands portfolio to 12

NRG Gyms has acquired low-cost operator Pump Gyms, expanding NRG’s portfolio from seven to 12 sites. The acquisition of Pump Gyms and its five sites almost doubles NRG’s membership base and marks a significant step in the company’s growth plans.

The five Pump Gyms are located in Bedford, Hatfield, Norwich, Colchester and Northampton.

NRG, which plans to open its 13th club in Glasgow later this year, was founded and launched in 2012 by Shafiq Ahmed. The company has plans to become a significant player in the budget gym sector.

Ahmed, who holds the role of CEO, said: “This deal strengthens our footprint across the UK. As we integrate Pump Gyms into the NRG family, I’m excited to deliver on our investment plans and bring our vision of providing best-in-class, inclusive gyms to even more communities.”