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ANYTIME FITNESS ASIA ANNOUNCES 30-CLUB EXPANSION IN THAILAND

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ANYTIME FITNESS ASIA ANNOUNCES 30-CLUB EXPANSION IN THAILAND
Business

Business

ANYTIME FITNESS ASIA ANNOUNCES 30-CLUB EXPANSION IN THAILAND

2024-11-26 11:30 Last Updated At:11:45

BANGKOK, Nov. 26, 2024 /PRNewswire/ -- Anytime Fitness Asia, part of Inspire Brands Asia (IBA), strengthens its leadership in the fitness franchise industry with the announcement of an aggressive 30-club expansion plan for Thailand. This development coincides with the grand opening of the third Anytime Fitness club in Bangkok at Century Onnut, showcasing the brand's commitment to long-term growth in one of Asia's most dynamic fitness markets.

The Thailand expansion reflects Anytime Fitness Asia's decade-long dominance in the region, where it operates across Singapore, Malaysia, the Philippines, Hong Kong region, Indonesia, Taiwan region, and Vietnam via both corporate management and franchising. The brand projects to end the year at over 430 clubs further solidifying its status as Asia's leading fitness franchise. The fully-funded rollout will focus on prime locations in Bangkok and other high-growth areas, meeting the growing demand for state-of-the-art facilities, 24/7 access, personalized coaching, and a strong sense of community.

"As the leading fitness franchise within the region, we are focused on strategic growth and delivering value to our members, franchisees, and business partners," said Luke Guanlao, Group CEO & Co-Founder of Inspire Brands Asia. "Since acquiring the regional master franchisee license in 2020, we have grown our network by 70% whilst doubling our active member base. Our expansion in Thailand is a testament to our vision of inspiring communities to grow stronger every day."

The leadership of Steve Ankers, newly appointed Regional Agent for Thailand, plays a pivotal role in driving this growth. An accomplished entrepreneur with a diverse business portfolio across multiple industries and a mega-multi-unit franchisee with a proven record operating over 20 successful clubs across Australia and Indonesia—and another 20 still to open outside of Thailand—Steve brings extensive expertise and operational excellence to the Thai market. He joins a powerhouse leadership team blending global, regional, and local expertise to reinforce the brand's commitment to long-term success throughout the region.

Johannes Raadsma, President & Co-Founder of IBA, emphasized, "Steve's entrepreneurial vision and intimate understanding of the fitness industry make him the ideal leader to drive Anytime Fitness's expansion in Thailand. His leadership will ensure that our growth strategy elevates the brand and strengthens our position in this key market."

Record-breaking Bangkok openings at Exchange Tower and Century Onnut have been met with overwhelming success, underscoring the brand's alignment with Thai consumers' fitness aspirations. With strong regional leadership and a robust growth pipeline, Anytime Fitness is well-positioned to inspire healthier lifestyles and build vibrant communities across Thailand and the region.

About Inspire Brands Asia (IBA)

Inspire Brands Asia (IBA) is the multi-award-winning regional master franchisee of Anytime Fitness, overseeing a network of over 420 clubs across Southeast Asia, with more than 100 under corporate management. Operating in dynamic markets including Singapore, Malaysia, Indonesia, the Philippines, Hong Kong region, Taiwan region, Thailand, and Vietnam, IBA commands the region's largest fitness network.

Anytime Fitness Asia is recognized for its innovative 24/7 access, seamless reciprocity across clubs, exceptional coaching, strong community engagement, and complimentary group exercise classes, all designed to deliver an outstanding member experience.

For inquiries and partnership opportunities, email franchise@inspirebrandsasia.com.

Media Contact: Alexandra Pajarillo, alexandra.pajarillo@inspirebrandsasia.com

Photo: https://drive.google.com/file/d/1H32D0EULyQwaoj0RkTgS_aegl1aXRi76/view?usp=drive_link

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

ANYTIME FITNESS ASIA ANNOUNCES 30-CLUB EXPANSION IN THAILAND

ANYTIME FITNESS ASIA ANNOUNCES 30-CLUB EXPANSION IN THAILAND

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Hygenco selects Danish company Topsoe as Licensor for its Green Ammonia Plant

2024-11-26 10:00 Last Updated At:10:15

GURUGRAM, India, Nov. 26, 2024 /PRNewswire/ -- Hygenco Green Energies, a pioneer in low-cost green hydrogen production, has announced a partnership with Denmark-based Topsoe, a leading global technology provider for the energy transition, as the licensor for its green ammonia plant in Gopalpur, Odisha.

Hygenco intends to establish a large-scale green ammonia project at the Gopalpur Industrial Park, with the goal of having the plant operational by 2027, one of the first in the sub-continent. Earlier in 2024, Hygenco had commissioned India's first commercial green hydrogen plant.

Speaking on the technology license partnership, Amit Bansal, Co-Founder and CEO of Hygenco, said, "As the world seeks innovative solutions to tackle pressing environmental and energy challenges, Hygenco is making significant progress in advancing the energy transition and decarbonization. We are excited to leverage the cutting-edge technology of a global leader like Topsoe to scale-up green ammonia production effectively."

Just last month, Hygenco entered into an MOU with REC, a Government of India undertaking, for US$280 million debt financing towards its Green Ammonia project development.

Ammonia technology is a key milestone for the mega ammonia project and Hygenco will utilize Topsoe's advanced dynamic green ammonia loop technology, enabling flexible and efficient operations while optimizing overall performance.

Elena Scaltritti, Chief Commercial Officer at Topsoe, said: "We look forward to working with Hygenco on this great project, as green ammonia plays a critical role in reducing greenhouse emissions from energy-intensive industries and long-distance transportation. On a global level, we need to deploy decarbonization at scale, and Hygenco's project will be able to deliver a solid contribution."

Hygenco, a leader in the green hydrogen and green ammonia sector, has entered into strategic collaborations with several companies in India and globally to supply green hydrogen and green ammonia.

About Hygenco:

Headquartered in Gurgaon, India, Hygenco develops and deploys scaled-up commercially attractive green hydrogen and green ammonia assets. Hygenco, which has deep capabilities in designing, building, and operating Green Hydrogen projects, has commissioned India's first Green Hydrogen project in Hisar, which was inaugurated by the Hon'ble Union Minister of Civil Aviation and Steel of India earlier this year. Hygenco is looking to invest $2.5 billion over 3 years to set up Green Hydrogen projects in India.

To know more, visit www.hygenco.in

For any queries, please contact:

Akshay Mohan, Deputy General Manager, Business Development, Hygenco I +91 9515406903 I akshay.mohan@hygenco.in

Viraj Desai, Lead- Media and Communications, Hygenco I +91 9560042277 I Viraj.desai@hygenco.in

About Topsoe

Topsoe is a leading global provider of technology and solutions for the energy transition. We combat climate change by helping our customers and partners achieve their decarbonization and emission reduction goals.  

Topsoe was founded in 1940 and are headquartered in Denmark, with over 2,800 employees serving customers all around the globe. To learn more, visit www.topsoe.com.  

For more information, please contact: 
Ulrik Frøhlke, Media Relations Manager
Phone: +45 27 77 99 68 
Mail: ulfr@topsoe.com

Photo - https://mma.prnasia.com/media2/2566152/Hygenco_TOPSOE.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/2406450/Hygenco_Logo.jpg?p=medium600

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Hygenco selects Danish company Topsoe as Licensor for its Green Ammonia Plant

Hygenco selects Danish company Topsoe as Licensor for its Green Ammonia Plant

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