FSN Capital IV and PureGym
16.12.2019
Wardyński & Partners has advised FSN Capital IV on the sale of its fitness business (Fitness World) to PureGym
FSN Capital IV and other shareholders signed an agreement to sell 100% shares in Fitness World, one of the Europe’s leading fitness provider present in Denmark, Poland and Switzerland. Fitness World will be acquired by PureGym, the UK’s top gym operator.
It is expected that the transaction will close in January 2020.
Fitness World, which operates in the value gym segment, was founded in 2005 and is one of Europe’s’ leading fitness providers. It is #1 in Denmark and has a growing presence in both Poland and Switzerland. Fitness World has approx. 600,000 members who visit the 240+ clubs more than 30,000,000 times a year.