Rutgers & Posch advises underwriters in Basic-Fit IPO

Rutgers & Posch advises the underwriters in the IPO of Basic-Fit that was announced today.

Basic-Fit is the largest “value-for-money” fitness chain in Europe as measured by number of clubs. The company is active in The Netherlands, Belgium, Luxembourg, France and Spain.

With a price range of 15 to 20 euro per share, Basic-Fit is valued at around 1 billion euro.

The underwriters in this IPO are ABN AMRO Bank and Morgan Stanley (Joint Global Coordinators and Joint Bookrunners), Barclays Bank, Deutsche Bank and ING Bank (Joint Bookrunners) and Rabobank, KBC Securities and NIBC Bank.

The team of Rutgers & Posch consists of Robert ten Have, Henriette van Overklift, Babette Waltman, Valerie Haans en Wouter Brugma.