CDIB Capital backs World Gym Taiwan
CDIB Capital, the PE arm of Taiwan's China Development Financial, has acquired a minority stake in World Gym Taiwan, the largest fitness center chain in Taiwan, alongside several co-investors. Financial terms were not disclosed.
World Gym was founded in 1976 in California by US bodybuilders Joe Gold and Arnold Schwarzenegger - who subsequently established a film career and became governor of California. The company opened its...
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