Interactive Strength (TRNR) has received formal approval from the UK Financial Conduct Authority for its previously-announced acquisition of Wattbike, the UK-based, omni-channel, connected, indoor-performance bike business, and that it expects to complete the acquisition in July, 2025. The FCA’s approval satisfies a key condition for the closing of the acquisition, which is expected to significantly expand Interactive Strength Inc.’s presence in the global fitness market, particularly in the UK, and enhance its product offerings with a leading indoor-performance bike offering. This strategic acquisition is anticipated to be immediately accretive to TRNR’s results and accelerate growth, especially in key markets like the US and Germany, leveraging TRNR’s global distribution network.
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