Official announcement from Banco Santander to thousands of Spaniards: confirmed, there's less time left

Banco Santander is celebrating. The banking entity, one of the main ones in Spain, has announced its support for Synergym. It is a gym chain that is rapidly expanding across the country.

Through a financing agreement of 70 million euros (77 million dollars), Santander leads a group of banks that will allow Synergym to open new gyms in various cities in Spain. This economic boost will facilitate the growth of the chain, which aims to reach 200 operational gyms by 2026.

Banco Santander, a pillar in boosting Spanish companies

Through this financing, Banco Santander has enabled Synergym to expand its network of gyms. A sector that continues to show significant growth in Spain. Along with other financial institutions, such as BBVA, Deutsche Bank, and Unicaja, Santander has made it possible for Synergym to face the costs of its expansion.

Synergym, which is currently one of the most important gym chains in Spain, has obtained the necessary financing. Thus, it will be able to carry out one of the largest expansions in the history of the Spanish fitness sector. The agreement signed by Santander and other entities has been designed to allow Synergym to multiply its market presence.

In fact, it will help the gym chain focus on its goal of reaching 200 operational gyms by 2026. Expansion is not new for Synergym, which has managed to open 31 gyms in 2024 and plans to inaugurate another 40 in 2025. This will allow them to reach a total of 160 gyms in less than two years.

The company's vision is clear. To establish itself as the main reference for quality and accessible gyms for all citizens in Spain.

The importance of the Banco Santander and Synergym agreement

The financing agreement of 70 million euros (77 million dollars) not only strengthens Synergym's operational capacity. It also marks a milestone in the evolution of the fitness sector in Spain.

The confidence shown by Banco Santander and other entities in Synergym is a reflection of the solidity of the chain's business model. It continues to bet on an accessible, modern, and quality service for everyone.

With the right financial support and a clear growth strategy, Synergym has all the necessary ingredients to become a national benchmark. The chain has already demonstrated its ability to adapt to market needs, offering spacious areas, state-of-the-art equipment, and a varied offer of classes and activities. This, along with the financing provided by the banking entities, predicts a promising future for the brand and the fitness sector in general.

The fitness sector in Spain has experienced considerable growth in recent years. With this type of investment, companies in the sector have the opportunity to expand their network of centers, offering easier and more economical access to gyms. The financial alliance of Banco Santander with Synergym reinforces this momentum, and allows thousands of Spaniards to access a wide variety of fitness services in different cities across the country.