The Stay Fit Gym fitness network announces the full takeover of two fitness centers in Brăila and Galati owned by Elite Gym. With the acquisition of the two centers, Stay Fit Gym reaches 32 units open nationwide, with the company beginning an accelerated development process following Morphosis Capital’s acquisition of ownership in December 2021, when the gym chain had seven centers open .
“We are delighted to have taken over the Elite Gym network and taken another step in strengthening Stay Fit Gym nationally. The work done by the founders of the Elite Gym network is exemplary, so the two fitness centers will quickly and successfully integrate into our ecosystem,” said Alexandru Lascăr, CEO of Stay Fit Gym.
The total area of the two centers is approximately 2,500 sqm. The management of the company plans to reach 45 fitness centers open in Romania by the end of this year.
Source: Economica.net