Friday, August 14, 2009

Goodlife Fitness Expands Atlantic Presence By Acquiring Nubody's Fitness Centres

“GoodLife Fitness is expanding its presence in Atlantic Canada with the acquisition of Nubody's Fitness Centres Inc. The London, Ont., company, which has 170 clubs across Canada, will acquire the chain's 23 clubs and add 50,000 more members. Nubody's founder and president, Dean Hartman, said he would step down as owner this fall after signing the sales agreement. Hartman opened the original Nubody's Fitness Centre in Dartmouth, N.S., in 1983. GoodLife, founded by David Patchell-Evans in 1979, already has eight clubs in Atlantic Canada. Terms of the deal, which is expected to close Aug. 31, were not disclosed.”

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