An unknown buyer acquired Van Nuys production facility from The Beachbody Company, Inc. for $6.2 million.
March 04, 2024
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An unknown buyer acquired Van Nuys production facility from The Beachbody Company, Inc. (NYSE:BODI) for $6.2 million on February 29, 2024. The Company used the net proceeds received from the sale to make a partial prepayment on its Term Loan of $5.5 million.
An unknown buyer completed the acquisition of Van Nuys production facility from The Beachbody Company, Inc. (NYSE:BODI) on February 29, 2024
The Beachbody Company, Inc. is a subscription health and wellness company. The Company's products include digital subscriptions, nutritional products and connected fitness products. Its digital subscriptions include BOD and a live interactive premium subscription, BODi. The Company's digital platforms provide a one-stop-shop for all types of fitness and nutrition content, with brands such as P90X, Insanity, 21 Day Fix, 80 Day Obsession, LIIFT4, Unstress Meditations, Portion Fix, 4 Weeks of Focus, Sure Thing, and others. The Company's nutrition-first programs, Portion Fix and 2B Mindset, teach healthy eating habits and promote healthy, sustainable weight loss. Its offerings deliver both fitness and nutritional content, and personal development mindset content. Its nutritional products include Shakeology, Beachbody Performance supplements, BEACHBARs and Bevvy supplements and others. Its digital subscription offerings are complemented by its connected fitness products acquired from Myx.
THE BEACHBODY COMPANY, INC. 
