DLA Piper with David Lloyd Group for two sports centres in Madrid

DLA Piper has advised David Lloyd Leisure, Europe’s leading health and fitness group, on the acquisition of two sports centres in Madrid, located in the ABC Serrano and La Finca shopping centres. Last December, DLA Piper advised the same group, through private equity fund TDR Capital, on the acquisition of three clubs of the Spanish sports and spa group Áccura, located in Gavà Mar (Barcelona), Málaga and Zaragoza.

With this new transaction, David Lloyd Clubs brings the total number of clubs in Spain to 7, four of them in Madrid.

The DLA Piper team advising on the transaction was led by Joaquín Echánove (pictured left) , partner in corporate M&A, with the collaboration of Luis Borrero (pictured right), legal director, and Carlos Fuerte (pictured below) , associate in the same department.