NORWAY - Norvestor completes recapitalisation of Elixia
Norvestor Equity has completed a refinancing worth approximately EUR 100m of Elixia Nordic ASA, the Nordic fitness chain, fully returning the original investment to the investor.
Oslo-headquartered, Elixia Nordic has operations in Norway and Finland and is the second largest fitness club owner in the Nordic region. The company has over 1,500 staff and was established in 2000. Elixia clubs are used by health-conscious people of all ages and the clubs offers a range of high-standard fitness services in modern surroundings.
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