Announced

Completed

Sporty completed the acquisition of gyms in Landås and Mandal of Feel24.

Synopsis

Sporty, a Norwegian fitness company, completed the acquisition of gyms in Landås and Mandal of Feel24, a fitness brand offering 24/7 access to modern gym facilities. Financial terms were not disclosed. "We are very confident and pleased that Sporty is taking over 2 of our soon to be 115 locations. Through a long and good relationship, we have previously bought some centers from them in the north, and now we are selling one in Western Norway and one in Southern Norway where Sporty has a good operation and a good development," Mats Ola Martinsen, Feel24 owner.

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