Basic-Fit N.V. (ENXTAM:BFIT) is looking for acquisitions. Chief Executive Officer, Rene Moos said, “Organic growth will remain our preferred way of growth. However, considering the acquisition opportunities that we expect to cross our paths post-COVID-19, we do not rule out acquisitions in the coming year”.
Basic-Fit N.V. specializes in operating a chain of fitness clubs. Net sales break down by activity as follows:
- fitness clubs operation (96.4%). At the end of 2023, the group had 3.8 million members in 1,402 clubs located in the Netherlands (237), France (781), Belgium (223), Spain (139), Germany (12) and Luxembourg (10);
- other (3.6%): personal trainer services, sale of energy drinks and nutritional bars, etc.
Net sales are distributed geographically as follows: the Netherlands (23.9%), France (48.5%), Belgium (20.3%), Spain (5.7%) and Luxembourg (1.6%).