Kelemenis & Co. acts for the take over of the biggest gym network in Greece

The firm has been instructed to advise on the take-over by a consortium of investors of the majority shareholding of the listed at the Athens Stock Exchange “Dynamiki Zoi”. The company, which has enjoyed an impressive rate of growth over the past few years, including a highly successful IPO in 2002, has been troubled in the past few months by poor financial results. The firm has been instructed to lead negotiations, prepare all required documentation and acquisition arrangements and structure a number of equity option agreements.