PureGym to Acquire Swiss Gym Chain for $315M, Expanding European Footprint

The low-cost gym giant is buying NonStop Gym in a deal that will make PureGym Switzerland’s largest budget fitness operator, with more than 100 locations by year-end

PureGym is making another major acquisition, agreeing to buy Swiss low-cost fitness chain NonStop Gym for £235 million ($315 million) as the U.K.-based operator continues expanding its international footprint.

The deal will add 47 gyms and more than 100,000 members to PureGym’s Swiss business, creating the country’s largest low-cost fitness operator with more than 100 locations expected by the end of 2026.

The acquisition is expected to close Nov. 2, with PureGym planning to eventually rebrand NonStop Gym’s locations under its own name.

Founded in 2014, NonStop Gym has built a strong presence in French-speaking Switzerland, complementing PureGym’s existing network of 49 gyms, which is concentrated in the country’s German-speaking regions.

The combination will give PureGym a more comprehensive national footprint while creating opportunities for additional club openings.

“We have long admired NSG and their team, who have built an excellent business, with market-leading performance and member satisfaction,” PureGym CEO Alex Wood said. “This acquisition makes a lot of sense for PureGym strategically, financially and for our members.”

Wood added that the deal would create a national operator positioned to serve more Swiss consumers while expanding further.

The Swiss deal marks another major step in PureGym’s international expansion strategy, which has increasingly included acquisitions alongside organic club development.

In late 2024, PureGym acquired bankrupt U.S. gym chain Blink Fitness for $121 million, adding more than 50 locations across New York and New Jersey and significantly accelerating its entry into the American market.

That acquisition has already begun delivering results.

PureGym reported a 35% increase in adjusted EBITDA in the U.S. during the first half of 2026, reaching £8.8 million ($12 million), after completing the rebranding and integration of its former Blink Fitness clubs.

The company has also continued opening new gyms across its existing markets, with plans for roughly 60 new locations in 2026.

Across its global business, PureGym generated £393 million in revenue during the first half of 2026, up 6% year over year, while adjusted EBITDA rose 23% to £123.6 million.

The operator ended June with 728 gyms and approximately 2.4 million members across its international footprint.

PureGym, which is majority-owned by Leonard Green & Partners with KKR as a significant minority investor, has previously outlined ambitions to more than double its overall gym network over the medium term.