Viva Leisure Ltd. (AU:VVA) has released an update.
Viva Leisure Ltd., a dominant force in Australia’s health club industry, has announced its expansion into the Northern Territory through the purchase of iFitness 24/7, adding 5,000 members and four new locations to its growing portfolio. The $5.2 million acquisition enhances Viva’s national footprint, with the rebranding of these new clubs to Club Lime expected to contribute significantly to the company’s revenue and membership growth. This strategic move aligns with Viva’s ongoing growth strategy and confirms the financial guidance provided for FY2024.
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