David Lloyd Leisure Limited,

trading as A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...

David Lloyd Clubs and commonly known simply as David Lloyd, is a chain of

health club A health club (also known as a fitness club, fitness center, health spa, weight room and commonly referred to as a gym) is a place that houses exercise equipment for the purpose of physical exercise. In recent years, the number of fitness an ...

s with its headquarters in the United Kingdom. It is the largest health, fitness and leisure business in Europe by revenue. and operates 130 clubs in nine countries.

History

Former professional

tennis Tennis is a List of racket sports, racket sport that is played either individually against a single opponent (singles (tennis), singles) or between two teams of two players each (doubles (tennis), doubles). Each player uses a tennis racket st ...

player David Lloyd established David Lloyd Leisure in 1982 and opened the first club. By 1995, there were 18 David Lloyd Leisure clubs when

Whitbread Whitbread is a British multinational hotel and restaurant company headquartered in Houghton Regis, England. The business was founded as a brewery in 1742 by Samuel Whitbread in partnership with Godfrey and Thomas Shewell, with premises in L ...

PLC acquired the company for £182 million,Whitbread sells David Lloyd gyms
BBC News, 4 June 2007. Retrieved 15 July 2011. incorporating it into its Restaurants & Leisure Division. Gerrard Duxbury remained as managing director of the division until 1996. Whitbread ran more than 50 David Lloyd Leisure (DLL) clubs in the UK with a further number in Spain, the Netherlands and Belgium. However, by the mid-2000s, the business was giving Whitbread a poor financial return, and on 2 August 2007 they sold it to

London & Regional Properties London & Regional Properties Limited (L&R) is a private real estate and leisure investment firm based in London, United Kingdom. It is one of the largest privately held principal investors in Europe, performing private equity style investments ...

and

Bank of Scotland The Bank of Scotland plc (Scottish Gaelic: ''Banca na h-Alba'') is a commercial bank, commercial and clearing (finance), clearing bank based in Edinburgh, Scotland, and is part of the Lloyds Banking Group. The bank was established by the Par ...

for £925 million. Whitbread used the proceeds from the sale to repay debt. London & Regional Properties already owned and operated Next Generation Clubs; the businesses were merged under the Next Generation Clubs' management team led by Scott Lloyd, David Lloyd's son. On 5 September 2013 London & Regional Properties agreed to sell David Lloyd Leisure to

TDR Capital TDR Capital LLP is a British private equity firm headquartered in London, England. History TDR Capital was co-founded in 2002 by Manjit Dale, Stephen Robertson, and Tudor Capital.

for £750m. Since then, the company has grown from 90 clubs to 130 through both new build and acquisition of existing clubs and groups. David Lloyd

Bicester Bicester ( ) is a market town and civil parish in the Cherwell district of Oxfordshire, England, north-west of Oxford. The town is a notable tourist attraction due to the Bicester Village shopping centre. The historical town centre � ...

became DLL's 130th club (and 101st Club in the UK) when it opened in September 2022. The company operates a further 29 clubs in Spain, Germany, France, Switzerland, Ireland, Belgium, Italy and the Netherlands.

References

{{Coord, 51.765, -0.240, display=title, region:GB_scale:2000 Tennis venues in the United Kingdom Health clubs in the United Kingdom Whitbread former divisions and subsidiaries Companies established in 1982