Nuffield Health buys corporate fitness business

15 Nov 2010 News

Nuffield Health has bought Bladerunner Ltd, a corporate fitness business, for an undisclosed amount.

Nuffield Health has bought Bladerunner Ltd, a corporate fitness business, for an undisclosed amount.

Bladerunner Ltd runs 100 on-site gym facilities in offices and schools for around 60 clients, and according to Nuffield Health, the newly combined business will account for 17 per cent of the corporate wellbeing market, making it “the market leader”.

The UK corporate wellbeing market has been estimated at around £176m.

A spokeswoman for the charity said she could not reveal the purchase price for Bladerunner as “it is a private transaction”, but revealed that the business has a turnover of £11m and an ebitda profit of £1.5m.

In a statement, Nuffield Health chief executive David Mobbs said: “This strategic acquisition reinforces Nuffield Health’s pioneering new approach to consumer health.

“By integrating fitness, prevention and cure across its different services and facilities under a single brand, governance and management structure, Nuffield Health is redefining the provision of healthcare services in the UK.”