New main owners in Actic
Athanase Industrial Partners has together with a number of new and existing institutional owners, from the listing earlier this year, acquired the remaining shareholding of 41.81 percent from Actic International S.à.r.l owned by the IK 2007 Fonden. The deal was made following the Nasdaq Stockholm Stock Exchange closing on Tuesday through a club deal led by SEB.
"By strengthening its offer and having the most cost effective structure, Actic can lead to the consolidation that takes place in the market. It will create significant value for both customers and shareholders. Therefore, Athanase Industrial Partner and I am pleased that together with the company's other shareholders continue to support Actic's future development by investing additional capital in connection with IK's disposal of its remaining ownership", says Stefan Charette Athanase Industrial Partner.
"For the company, it is positive that owners from the listing of Actic this spring increase its holdings, while it also bringing in new owners", says Christer Zaar, President and CEO Actic Group.
For further information, please contact:
Christer Zaar, President and CEO, email@example.com
Niklas Alm, Investor Relations, firstname.lastname@example.org, +46 70 824 40 88
Actic Group shares are listed on Nasdaq Stockholm, where Actic Group is a Small Cap company with the ticker code ATIC.
Actic (formerly Nautilus Gym) was founded in 1981 and launched the Gym & Swim club concept. The company began its international expansion in 1995 and as per 30 September 2017, Actic had 169 facilities and over 215,000 members in five countries. Actic’s main markets are Sweden, Norway, Finland as well as Germany and Austria. Actic offers a well-established exercise method known as high-intensity training (HIT) and offers its members personal training programmes including follow-up sessions with trained instructors. Together with swimming, this forms the core of Actic’s offering and differentiates us in the market.
Actic’s vision is to create a healthier society by attracting a broad target group and thereby expanding the market. The facilities engage in the local community to contribute to a healthier society. Actic, which has its head office in Solna, Stockholm, has approximately 700 full-time equivalent employees and had net sales of SEK 802 million in 2016. Actic is led by its President and CEO Christer Zaar.