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BFIT — Basic-Fit News Story

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Brief: Basic-Fit Buys Clever Fit For EUR 160 Mln In Cash, EUR 15 Mln Earn-Out

Oct 27 (Reuters) - Basic-Fit NV BFIT.AS:

ACQUIRES CLEVER FIT, ENTERING FRANCHISE MARKET AND SECURING GERMAN MARKET LEADERSHIP

CLOSING IS EXPECTED BEFORE YEAR-END; NO REGULATORY APPROVAL IS REQUIRED

PURCHASE PRICE OF EUR 160 MILLION IN CASH AND EUR 15 MILLION EARN-OUT

GUIDANCE FOR 2025 REMAINS UNCHANGED

OWNED CLUB EXPANSION REDUCED FROM 100 TO 50 CLUBS IN 2026

OUTLOOK 2026: EXPECT A LEVERAGE RATIO OF JUST ABOVE 2.0 TIMES

Source text: tinyurl.com/nhypm723

Further company coverage: BFIT.AS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com ; +48 58 769 66 00;;))

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