bpv Huegel advised SLEU Limited on the sale of Speedfit to Basic-Fit

SLEU Limited sells Speedfit, a budget-friendly fitness club chain in Austria, to Basic-Fit.

15 September 2026. bpv Huegel advised SLEU Limited on the sale of Speedfit to the Dutch fitness chain Basic-Fit.

Speedfit’s business model focuses on providing high-quality gym infrastructure at highly competitive, entry-level prices. The company currently operates 18 fitness clubs with approx. 36,000 members across Austria.

bpv Huegel assisted SLEU Limited throughout the transaction and advised on the negotiation of the sale. The transaction is expected to close in the fourth quarter of 2026, subject to customary regulatory approvals and other closing conditions.

A cross-practice team at bpv Huegel co-led by Michal Dobrowolski (partner, PE/M&A) and Dominik Geyer (partner, Real Estate) advised together with Barbara Valente (senior associate, Finance and Corporate/M&A) SLEU Limited on the transaction. The team also included Nicolas Wolski (partner, Tax) and Gerhard Fussenegger (partner, Competition/FDI).

The buyers were advised by Schönherr (Niklas Kerschbaumer, Alexander Giehser and team).

SLEU Limited entered the Austrian fitness market in June 2023 and, through Speedfit, has quickly established a significant presence in the budget fitness segment, operating 18 clubs across Austria.

Founded in the Netherlands and listed on Euronext Amsterdam, Basic-Fit is a leading player in the European low-cost fitness sector, operating a network of more than 2,000 clubs across Europe.

 

Press Release

© 2026 bpv Hügel Rechtsanwälte

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