Press releases 28 August 2013

Wistrand advises Elixia on the opening of new gyms

Wistrand has advised ELIXIA in connection with the establishment of two new gyms in Sweden, one in Sundbyberg and one on Sveavägen, Stockholm city. The gym in Sundbyberg will open in October, 2013 whereas the opening date of the gym on Sveavägen, Stockholm is yet to be decided.

ELIXIA is a leading fitness chain in the Nordic region, with 43 gyms in Norway and 15 in Finland. They are now facing an expansion in Sweden and the gym in Sundbyberg will be their fourth in Sweden. Earlier this year, ELIXIA agreed to merge with SATS and Fresh Fitness, establishing a new company with a total turnover of MNOK 2,5 over 500 000 members and more than 180 gyms.

The majority owner of ELIXIA is Altor Equity Partners.

Wistrand’s team was led by partner Per Dalemo with support from Senior associates Henrik Saalman and Jenny Palmberg.

For further information:
Per Dalemo, Partner
E-mail: per.dalemo@wistrand.se
Tel: +46 31 771 21 38
Mobil: +46 708 77 56 73