California Fitness Sells Malaysian Business
California Fitness, one of Asia's leading fitness companies, has announced that it has sold its three fitness clubs in Malaysia to Celebrity Fitness.
The California Fitness Group, a wholly owned subsidiary of 24-Hour Fitness Worldwide, continues to own and operate its mYoga club at The Gardens shopping mall in Kuala Lumpur.
Explaining the sale California Fitness President, Colin Heggie stated âwe believe that this transaction provides the optimal solution for both staff and members.
"The move will allow the company to realign resources and reinforce its growth and focus in the markets where it is an industry leader. The company is committed to maintaining its brand leadership in the fitness market in Asia."
Currently, California Fitness operates 22 clubs in Asia, including 10 in Hong Kong, six in Taiwan, four in Singapore and two in mainland China which offers a wide range of features and amenities to help members live better through fitness.
California Fitness opened its first club in Malaysia in 2005 and has since grown in popularity amongst members who are seeking a genuinely world-class fitness experience.
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