Basic-Fit N.V. (ENXTAM:BFIT) will look for Acquisitions. René Moos, Chief Executive Officer answered to a question during 2020 half year results conference call and webcast, “Yes. I think if there is an opportunity, and we think it's a good fit with us, we will definitely look at it seriously, but then we will also work with banks to finance a potential acquisition. So I think we will definitely look. But for now, we are focused on our own business”.
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%).