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Advising on the sale of CityFit Group to Medicover

Advising on the sale of CityFit Group to Medicover
We advised the sellers and CityFit Group on the sale of the CityFit fitness club chain to Medicover. The transaction concerned 16 CityFit Group companies operating 26 innovative gyms across Poland.

CityFit is recognized for its superior quality, wide availability of premium equipment, and extensive training facilities. The transaction has received clearance from the president of the Office of Competition and Consumer Protection.

The acquisition by Medicover, a leading international healthcare and diagnostic services provider, marks a pivotal moment in the fitness and healthcare sectors in Poland, and underscores the growing integration of fitness and healthcare services, reflecting broader market trends towards holistic health solutions.

The A&O Shearman team was led by partner Magdalena Nasiłowska, and included counsel Piotr Szczeciński and associate Jakub Żebrowski. The transactional team was supported by senior associate Maciej Szykut and associate Paweł Grzesik. Competition law advice was provided by senior associate Aleksandra Deszyński.

"This is one of the largest acquisitions in the sports sector in Poland, and also one of the biggest investments in the 30-year history of Medicover. CityFit has built a strong brand distinguished by modern technological solutions, multiple award-winning customer service standards, as well as 24/7 availability and process automation. The transaction significantly strengthens Medicover’s position in the rapidly growing sports market."

Image of Magdalena Nasilowska

Magdalena Nasilowska

Partner

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