Austria: Schoenherr advises Basic-Fit on acquisition of Speedfit

Schoenherr provided full transaction advice on the acquisition, covering contract negotiation, due diligence and merger control. Basic-Fit signed agreements to acquire Speedfit, which operates 18 clubs in Austria.

With around 36,000 members across its 18 clubs, Speedfit is one of the larger independent fitness operators in Austria. Following completion of the acquisition, Basic-Fit's own-club network in Austria is expected to grow from 33 to 51 clubs.

"We are proud to have supported Basic-Fit on this landmark transaction in the Austrian fitness market," said Niklas Kerschbaumer, who led the Schoenherr team advising Basic-Fit. "The acquisition of Speedfit's 18 clubs and around 36,000 members underscores the strong momentum in the fitness sector across Austria."

The acquired clubs complement Basic-Fit’s business model. With over 1,700 clubs across Europe, Basic-Fit is Europe's largest fitness club operator and is publicly listed on Euronext in Amsterdam. The acquisition is in line with the vertically diversified growth strategy Basic-Fit presented at its Capital Markets Day in April 2026, built on organic growth, inorganic growth and franchising.

The Schoenherr team advising Basic-Fit was led by Niklas Kerschbaumer (Attorney at Law) and further included Alexander Giehser (Associate), Clemens Rainer (Partner), Yvonne Kraudinger (Attorney at Law), Marco Thorbauer (Partner), Thomas Kulnigg (Partner), Clemens Pretscher (Counsel), Teresa Waidmann (Partner), Franziska Viktoria Waltersdorfer (Associate), Sylwia Gorzkowska (Associate), Nina Zafoschnig (Counsel), Simon Ferk (Associate), Clemens Stockhammer, Daniela Birnbauer (Attorney at Law), Florian Terharen (Attorney at Law), Daniel Gritsch (Attorney at Law), Johanna Nödl (Associate) and Lucija Đipić (Associate). The merger control aspects were handled by Johannes Frank (Partner) and Maha Zöhrer (Attorney at Law).

The sellers were advised by bpv Hügel (Michal Dobrowolski, Dominik Geyer, Barbara Valente and team).