AXA Private Equity is acquiring a 22% share in fitness equipment and food supplements sales specialist, FitnessBoutique. The buyer will support FitnessBoutique as it accelerates its organic growth over the next 18 months. Founded in 1999, the FitnessBoutique group currently has 19 shops in cities, including Paris, Lille, Lyon, Grenoble, Bordeaux, Marseilles, Montpellier and Toulouse. The financial details of the transaction have not been disclosed.
Click here for the release from AXA Private Equity.