Technogym

Technogym S.p.A. (BIT: TGYM) is a leading Italian manufacturer of fitness equipment and digital technologies, headquartered in Cesena, Italy. Founded in 1983 by Nerio Alessandri, Technogym has grown from a small garage operation into a global wellness company with 50 million users across over 100 countries.

Technogym offers a wide range of products and services, including:

• Cardio equipment like treadmills, ellipticals, and bikes

• Strength training machines and free weights

• Connected fitness devices and digital platforms

• Corporate wellness solutions

• Athletic performance equipment for professional sports teams

The company is known for its premium, design-focused equipment found in high-end gyms, hotels, and sports facilities worldwide. Technogym has been an official supplier to the Olympic Games since 2000 and works with elite sports organizations like Formula 1 teams and professional football clubs.

In 2022, Technogym reported annual revenue of EUR 721.5 million, up 18% from 2021. The company has seen strong growth in its home fitness and digital segments in recent years. Technogym continues to invest heavily in research and development, with a focus on connected fitness technologies and personalized wellness solutions. The company aims to reach EUR 1 billion in revenue by 2024, with 30% coming from direct-to-consumer sales. Technogym remains committed to promoting its vision of wellness as a lifestyle through product innovation and partnerships across the health and fitness industry.