It was the largest gym chain! MACFit sold to foreign investors
MACFit, one of Turkey's largest gym chains, is being sold to the Polish company Benefit Systems. Following the sale, which was valued at 420 million dollars, the company aims to continue its growth across Turkey and open new gyms.
Mars Spor Kulübü ve Tesisleri İşletmeciliği A.Ş., the owner of MACFit, one of the largest gym chains in Turkey, is being sold to the Polish company Benefit Systems.
While all shares of the company, which operated under a partnership between Actera Group and Esas Holding, are changing hands, it was announced that the sale took place for 420 million dollars.
COMPETITION AUTHORITY APPROVAL PENDING
It was announced that the sale price, determined as of December 31, 2024, will be recalculated based on an annual increase rate of 7 percent until the sales process is completed.
The approval of the Competition Authority is awaited for the completion of the sale.
WHAT DOES MACFIT PLAN FOR TURKEY?
Operating 121 fitness centers across Turkey, MACFit has 305 thousand active members and 1.4 million digital members. According to 2024 financial data, the company, which generated 112 million dollars in revenue and 50 million dollars in earnings before interest, taxes, depreciation, and amortization (EBITDA), aims to grow in the coming years.
In a statement made by the Polish company Benefit Systems, it was stated that MACFit plans to open 26 new gyms in 2025 and 22 new branches in 2026. Founded in 2007, MACFit entered a growth phase in 2010 with the investment of Esas Holding and Actera Group.
News Source : 12punto
Most Read
Historic words from Özgür Özel at the CHP group meeting
Air Force Academy student Veli Bilgin has died
Striking picture for Özgür Özel's 'New Party'
The PKK opening and Özgür Özel’s path!..
How did the newspapers view Özgür Özel's farewell to the CHP?
He killed his wife by slitting her throat: Their children witnessed the moments
Here are the names that will be in Özgür Özel's new party!
What did the CHP do?
Kılıçdaroğlu's first message on Özgür Özel's new party announcement
Güler leaves questions regarding Özgür Özel unanswered