Elixia
Fitness center chain
From Wikipedia, the free encyclopedia
Elixia was a Nordic chain of fitness centers that offered strength training, cardio and weight training, and different types of classes, such as aerobics, dance, fitness, martial arts, yoga and cycling hours.[1]
| |
Company type | Private |
|---|---|
| Industry | Health and fitness |
| Founded | 2001 |
| Defunct | 2014 |
| Fate | Merged with SATS and Fresh Fitness to form SATS ELIXIA (now SATS Group) |
| Successor | SATS ASA |
| Headquarters | Karenslyst allé 7, Oslo, Norway |
Area served | Norway, Finland, Sweden |
Key people | Ståle Angel (CEO, 2002–2013) |
| Products | Fitness memberships, personal training, group exercise |
| Revenue |  NOK 900 million (2011) |
| Owner | Altor (2011–2014) Norvestor (2001–2011) |
Number of employees | ~3,700 (2011) |
| Website | www.elixia.no (archived) |
ELIXIA Holding AS was the parent company ELIXIA's operations, and the majority shareholder was Altor Fund III.[2] In 2010, Elixia reported a revenue of NOK 900 million.[3] Elixia Norway had 37 centers, Finland 14 and Sweden three centers. In total Elixia had about 3,700 employees[2] and 155,000 members (2012).[4]
In 2014, Elixia merged with the Norwegian fitness center chain SATS,[5] going under the name SATS ELIXIA.[6] The new group would have more than 2,000 employees, a total revenue of approximately NOK 2.5 billion, and 181 fitness centers with almost 500,000 members.[7]
