GymBeam is offering 10-20% stake in exchange for €50-100m

Fitness online store GymBeam (Dalibor Cicman) is offering a 10-20% stake in exchange for €50-100m in its latest investment round. This would value it at €250-500m. It wants to use the money to expand in Italy, Germany, Austria, and Switzerland. It also wants to acquire a German sports nutrition firm with sales of tens of millions, and is in talks with several companies. It increased sales 29% last year to €201m and expects sales of €260m this year. After 2028, it wants to list shares in one of the main stock exchanges in Europe. Currently, Cicman owns 83.25% and investment platform Crowdberry 16.75%.

(seznamzpravy.cz)