Benefit Systems to acquire remaining stake in Zdrofit

WSE-listed employee benefits program operator Benefit Systems will buy 44.97 percent stake in fitness club chain Zdrofit for PLN 52.5 million. After the transaction, the company, through its subsidiary FitInvest will hold 100 percent Zdrofit shares. “The acquisition of all shares in the company will enable the issuer to further develop the Zdrofit chain, using our own proven business model,” Benefit said in a market filing. Zdrofit operates 17 fitness clubs in Warsaw and its vicinity. Benefit acquired the majority stake in the company in 2013.