NEWS
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| Duncan Bannatyne’s first club to receive £1.8m investment 20 years on |
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| POSTED 10 Oct 2017 . BY Deven Pamben |
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Ingleby Barwick was the group's first club opened by Duncan Bannatyne
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The Bannatyne Group will invest £1.8m (US$2.4m, €2m) in its Ingleby Barwick health club – the company’s first centre, which opened in 1997.
The investment marks the 20th anniversary of the business, which has been built up to a portfolio of 69 sites across the UK.
CEO Justin Musgrove said: “Ingleby Barwick will always be special as the first club opened by Duncan Bannatyne OBE. The business has come a long way in 20 years and this major investment is testament to the ambitions of the business.”
The redevelopment, which is expected to be completed in April 2018, will see the creation of a luxury spa, studios for group cycling and mind and body classes, and new changing rooms and showers.
The spa will have six treatment rooms, and manicure and pedicure stations for both members and spa guests.
Improvements also include a new poolside relaxation area, as well as a café bar with a late licence and sports broadcasts, a soft-play area and an outdoor patio section.
Musgrove added: “The addition of a Bannatyne spa is fantastic news for the health club and the local area. It will support our focus on holistic health and wellbeing and enable people to fulfill their desire for healthy lifestyles based on a blend of exercise, relaxation and rejuvenation.”
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Bannatyne Group to invest £1m in Lincolnshire club
POSTED 01 Sep 2017. BY Deven Pamben

The Bannatyne Group will pump £1m (US$1.3m, €1.1m) into refurbishing its newly-
acquired Humberston health club in North East Lincolnshire, which it bought from Virgin
Active.
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Profits up at Bannatyne Group following surge in membership
POSTED 28 Mar 2017. BY Deven Pamben

The Bannatyne Group increased its pre-tax profit by 51 per cent to £11.6million
(US$14.6m, €13.4m), according to its annual results posted to Companies House for the
year ending December 31 2016, up from £7.7m (US$9.7m, €8.9m) in 2015.
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Bannatyne Group eyes £300m stock market float
POSTED 13 Apr 2016. BY Jak Phillips

The Bannatyne Group is sizing up a £300m float on London’s Alternative Investment
Market (AIM) as owner and founder Duncan Bannatyne seeks funds to expand his health
club, spa and hotel empire.
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| DIARY |

15-18 Jun 2026

HLTH Europe

RAI Convention Centre,
Amsterdam,
Netherlands
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