1. Successful Conclusion of therapie HAMBURG 2024
From November 8 to 9, therapie HAMBURG 2024 was held at the Hamburg Exhibition and Conference Center, drawing significant attention from the northern German therapy industry. This year, 170 exhibitors showcased their latest products and services, including fitness, training, and therapy equipment, health products, assistive devices, and exercise equipment. Compared to 120 exhibitors in 2022, this represented a 40% increase, boosting the event's appeal. Project Director Birgit Mücklich highlighted the growth as a major attraction enhancer. Attendees also benefited from diverse conference programs that applied the latest scientific findings to practical use, covering topics such as exercise addiction management and integrating strength training into modern cancer treatment.
2. F45 Launches “Recovery by F45” Program
F45 has announced its new initiative, “Recovery by F45,” marking its foray into the booming wellness and recovery market. This program, which includes cold plunge baths, infrared saunas, and percussion therapy devices, will be gradually rolled out across F45 training centers worldwide. Chief Operating Officer Ryan Mayes emphasized this expansion aligns with F45's mission to provide holistic health solutions. In locations like F45 Kingsgate in Washington, members have welcomed the new services, enhancing the overall brand value. The addition of recovery services comes as part of CEO Tom Dowd's strategic push to position F45 as a comprehensive health provider, including the development of related brands like Vaura Pilates and FS8.
3. Fitshop Acquires German Fitness Brand Kettler
A leading European home fitness equipment retailer, Fitshop, has acquired the German brand Kettler from Switzerland’s Trisport AG, effective October 31, 2024. This acquisition includes the brand rights, existing inventory, and online stores. Fitshop’s CEO Christian Grau hailed the acquisition as a continuation of a long-standing partnership, dating back to Fitshop's early days. Kettler, founded in 1949, has been known for high-quality home fitness equipment like exercise bikes and treadmills. Kettler went bankruptcy in the 2010 then its KETTLER fitness equipment brand name (for Europe) was sold to its Swiss ditributer, Trisport. Afer 4 years' operation, Trisport resold it to German company Fitshop, as the CEO of Trisport said, her mission is completed.
4. NOHRD Expands Portfolio with Acquisition of Dr. WOLFF
NOHRD has strategically acquired Dr. WOLFF Sports & Prevention GmbH to strengthen its footprint in the rehabilitation equipment sector. Dr. WOLFF, known for its innovative back and joint rehabilitation solutions, will maintain its independent operations while leveraging synergies with NOHRD's design and craftsmanship. NOHRD CEO Dominik Kuprecht noted this acquisition enhances NOHRD's offerings and market position. Dr. Hartmut Wolff, the founder, reiterated their commitment to providing evidence-based and ergonomic rehabilitation equipment. This partnership marks a significant step towards meeting the rising global demand for preventive medical and rehabilitation solutions.
5. Walkolution Unveils World’s First 3D-Printed Treadmill Surface
Walkolution has introduced TheraFloor, the world’s first 3D-printed treadmill surface. Designed to enhance the walking experience by mimicking natural terrain, TheraFloor features customizable shock-absorbing zones and foot-stimulating textures. Developed with OECHSLER using Carbon’s DLS technology, the TrueTerrain version of TheraFloor provides varied density and height for a realistic outdoor walking experience. The surface materials meet ISO 10993 biocompatibility standards, ensuring safety for barefoot users. This innovation positions Walkolution as a leader in ergonomic treadmill solutions.
6. Taiwan’s WFS Acquires U.S.-Based World Gym International
World Gym International, headquartered in Los Angeles, has been acquired by Taiwan’s World Fitness Services, Ltd (WFS), the parent company of World Gym Taiwan. While the financial details were not disclosed, reports estimate the deal's value at around $9 million. This acquisition grants WFS full control of World Gym’s network, which spans over 230 franchises globally. WFS Chairman John Caraccio, now acting CEO of World Gym International, aims to accelerate global expansion and member experience enhancement. The brand, originally founded in 1976 by Joe Gold, is recognized for its legendary status in bodybuilding and is now poised for renewed growth under its new leadership.
By Roger Yao (cs01@fitqs.com) from Shanghai, China
Stay tuned for more updates and insights from the fitness equipment industry in next week's report.
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