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California Fitness sells Malaysian clubs
By Tom Walker 03 Sep 2009
Hong Kong-based California Fitness has sold three of its fitness clubs in Malaysia to rival chain Celebrity Fitness.
In a statement, the company said that it had agreed deals for its three clubs in Mid Valley Megamall, Sunway Pyramid and Lot 10.
Colin Heggie, president of California Fitness, said: "The move will allow the company to realign resources and reinforce its growth and focus in the markets where it is an industry leader.
“We are committed to maintaining our brand leadership in the fitness market in Asia.”
California Fitness operates 22 clubs in Asia – 10 in Hong Kong, six in Taiwan, four in Singapore and two in China.
The company is a wholly owned subsidiary of 24-Hour Fitness Worldwide
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