Pure Gym / LA fitness merger inquiry

The CMA investigated the completed acquisition by Pure Gym Limited of the LA fitness business.

• From: Competition and Markets Authority
• Published: 29 May 2015
• Last updated: 14 August 2015 — See all updates

• Case type: Mergers
• Case state: Closed
• Market sector: Recreation and leisure
• Outcome: Mergers - phase 1 clearance
• Opened: 29 May 2015
• Closed: 17 September 2015

Statutory timetable

Phase 1 date	Action
17 September 2015	Decision published
14 August 2015	Decision announced
1 July to 11 July 2015	Invitation to comment
1 July 2015	Launch of merger inquiry
29 May 2015	Initial enforcement order

Phase 1

CMA clearance decision

14 August 2015: The CMA has cleared the acquisition by Pure Gym Limited of the LA fitness business. The full text of the decision is available below.

• Full text decision (17.9.15)

Revocation of initial enforcement order

16 July 2015: In view of the evidence available to the CMA at this stage, the CMA revoked the initial enforcement order. A copy of the order is available below.

• Revocation order (16.7.15)

Invitation to comment: Now closed

1 July 2015: The CMA is considering whether it is or may be the case that this transaction has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

Launch of CMA merger inquiry

1 July 2015: The CMA announced the launch of its merger inquiry by notice to the parties.

• Commencement of initial period notice (1.7.15)

Initial enforcement order

29 May 2015: The CMA served an initial enforcement order under section 72(2) of the Enterprise Act 2002 on Pure Gym Limited and CCMP Capital Partners, LLC in relation to the completed acquisition by Pure Gym Limited of the LA fitness business. A copy of the order is available below.

• Initial enforcement order (5.6.15)

Amendments/consents granted:

• Derogation 3 June 2015 (5.6.15)
• Derogation 2 June 2015 (5.6.15)
• Derogation 29 May 2015 (5.6.15)

Contact

Please send written representations about any competition issues to:

Zoe Fiander
Competition and Markets Authority
Victoria House
Southampton Row
London
WC1B 4AD

[email protected]

Published 29 May 2015
Last updated 14 August 2015 + show all updates

1. 14 August 2015

   Clearance decision announced.

2. 29 May 2015

   First published.