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Nordic club operator Elixia acquired by Altor
By Tom Walker
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Brentwood School Sports Centre
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Health club operator Elixia, which owns and operates sites in Finland and Norway and recently expanded into Sweden, has been sold by Norvestor and its other owners to private equity company Altor.
Elixia was founded in 2000 and currently operates 34 centers in Norway, 11 in Finland and two in Sweden.
The Company is headquartered in Oslo, Norway and has revenues of NOK 900m (US$164m, 115m euro, £101m) and employs approximately 3,700 people.
Reynir Indahl, partner at Altor said: "We see strong demand for Elixia's offering in various Nordic cities and are well positioned to support the Company in its expansion with our pan-Nordic presence."
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Health club operator Elixia, which owns and operates sites in Finland and Norway and recently expanded into Sweden, has been sold by Norvestor and its other owners to private equity company Altor.
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