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Elixia

From Wikipedia, the free encyclopedia
ELIXIA Nordic AS
TypePrivate
IndustryHealth and fitness
Founded2001 (2001)
Defunct2014 (2014)
FateMerged with SATS and Fresh Fitness to form SATS ELIXIA (now SATS Group)
SuccessorSATS ASA
HeadquartersKarenslyst allé 7, Oslo, Norway
Area served
Norway, Finland, Sweden
Key people
Ståle Angel (CEO, 2002–2013)
ProductsFitness memberships, personal training, group exercise
RevenueIncrease NOK 900 million (2011)
OwnerAltor (2011–2014)
Norvestor (2001–2011)
Number of employees
~3,700 (2011)
Websitewww.elixia.no (archived)

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]

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]

References

[edit]
  1. Analysis, PESTEL (2025-12-09). "What is Brief History of ELIXIA SATS Company?". PESTEL ANALYSIS. Retrieved 2026-04-08.
  2. 1 2 "Altor acquires ELIXIA". Altor. Retrieved 2026-04-08.
  3. "Norvestor divests ELIXIA | Norvestor". www.norvestor.com. 2011-05-12. Retrieved 2026-04-08.
  4. "Fullstendig melding om foretakssammenslutning" (PDF). Konkurransetilsynet (Norwegian Competition Authority). 2013-10-23. Retrieved 2026-04-08.
  5. Mon, Su Thet (2014-02-14). "Elixia og Sats fusjonerer". NRK (in Norwegian Bokmål). Retrieved 2026-04-08.
  6. Bach, David (2017-03-29). "Bjørn Maaseide gir seg som leder i Sats Elixia". VG (in Norwegian). Retrieved 2026-04-08.
  7. "SATS, ELIXIA og Fresh Fitness skaper Nordens største helse- og treningskjede". Mynewsdesk (in Norwegian). 2013-06-14. Retrieved 2026-04-08.