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Duncan Bannatyne’s first club to receive £1.8m investment 20 years on
POSTED 10 Oct 2017 . BY Deven Pamben
Ingleby Barwick was the group's first club opened by Duncan Bannatyne
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.”
RELATED STORIES
  Bannatyne Group pumps £1m into Nottinghamshire club


The Bannatyne Group is continuing with its aggressive investment programme, pumping £1m (US$1.3m, €1.1m) into upgrading its Mansfield health club in Nottinghamshire.
  Bannatyne Group to invest £1m in Lincolnshire club


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.
  Profits up at Bannatyne Group following surge in membership


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.
  Bannatyne Group eyes £300m stock market float


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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Jobs    News   Products   Magazine
NEWS
Duncan Bannatyne’s first club to receive £1.8m investment 20 years on
POSTED 10 Oct 2017 . BY Deven Pamben
Ingleby Barwick was the group's first club opened by Duncan Bannatyne
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.”
RELATED STORIES
Bannatyne Group pumps £1m into Nottinghamshire club


The Bannatyne Group is continuing with its aggressive investment programme, pumping £1m (US$1.3m, €1.1m) into upgrading its Mansfield health club in Nottinghamshire.
Bannatyne Group to invest £1m in Lincolnshire club


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.
Profits up at Bannatyne Group following surge in membership


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.
Bannatyne Group eyes £300m stock market float


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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HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
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