Talwalkars To Make Major International Foray Into Asia


South Asia’s largest gym chain, Talwalkars Better Value Fitness Limited and Snap Fitness INC. have entered into a binding letter of intent.

As per this agreement, Snap Fitness has agreed to grant exclusive right to develop and operate fitness clubs in Bangladesh, Malaysia, Singapore, Thailand and Vietnam in favour of the company through its subsidiary overseas.

The company is in the process of setting up the subsidiary overseas with an object to carry on the business of owning, running, managing and franchising gymnasiums.

Talwalkars Better Value Fitness Ltd has gained around 48% in the past one year, 38% in the past one month and 24% in past three months. The company has good consistent profit growth of 28.21% over 5 years.

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