Company expects to open 25 locations in New Zealand over the next several years, further expanding its international footprint
HAMPTON, N.H., May 10, 2022 /PRNewswire/ — Planet Fitness, Inc. (NYSE: PLNT) today announced the Company has signed an Area Development Agreement with Castle Point Fitness NZ Ltd. (“Castle Point”), to expand the brand into New Zealand.
Castle Point is a joint venture between the founder of The Fresnel Companies, LLC, a U.S. based investment firm with substantial international experience, and a private family office. The agreement will bring a minimum of 25 Planet Fitness locations to New Zealand over the next several years.
“As a part of our strategic international growth plans, we are thrilled to announce that Planet Fitness will be opening fitness clubs in New Zealand,” said Ray Miolla, Chief Development Officer at Planet Fitness. “Our growing fleet of clubs in Australia is
