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PureGym is a British low-cost, no frills gym chain that offers cheap membership without a contract in one of over 170, clubs around the UK. The gyms are opened 24/7 and offer cardio equipment, fixed and free weights and various exercise classes led by professional fitness instructors. They resign from such facilities like swimming pools, saunas or spa to reduce the costs of membership and maintain a high standard for every gym they own. PureGym is currently the largest UK’s gym chain with about 450 000 members signed up at the moment.
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Fodor is more enthusiastic about the LipoSonix technology. "I am very optimistic," he says." I love the results," he says citing as much as a 7-centimeter reduction in waist circumference seen in clinical trials conducted in Mexico. This technology, which uses high-intensity ultrasound waves, beamed about an inch under the skin to break up fatty tissue, has been studied in both pig models and in 33 people in Mexico, he says. The company has applied for FDA status to begin preclinical studies in the U.S. and expects such trials to begin in 2007.
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.