Sonae Capital, SGPS, SA (ENXTLS:SONC) entered into an agreement to acquire Urban Fit on May 15, 2019. Under the terms of this transaction, Sonae Capital acquires 4 Clubs of Urban Fit in Vila Nova de Gaia, Maia, Foz and Ermesinde. After the completion of the Urban Fit Chain will be rebranded to Pump. This transaction is expected to close in June 2019. Sonae Capital, SGPS, SA (ENXTLS:SONC) completed the acquisition of Urban Fit on June 19, 2019.