{"id":49236,"date":"2026-10-08T11:43:52","date_gmt":"2026-10-08T11:43:52","guid":{"rendered":"https:\/\/conseil-concurrence.ma\/communique-du-conseil-de-la-concurrence-relatif-au-projet-de-concentration-economique-concernant-la-prise-du-controle-exclusif-par-la-societe-elcano-france-bidco-sas-des-societes\/"},"modified":"2026-10-09T11:54:25","modified_gmt":"2026-10-09T11:54:25","slug":"statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies","status":"publish","type":"post","link":"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies\/","title":{"rendered":"Statement from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d."},"content":{"rendered":"<p>In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties.<\/p>\n<p>This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council&#8217;s position on the proposed operation.<\/p>\n<p>The publication of this statement does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.<\/p>\n<p><strong>Names of the companies and groups involved:<\/strong><\/p>\n<ul>\n<li><strong>The acquirer<\/strong>: the company \u201cElcano France Bidco SAS\u201d;<\/li>\n<li><strong>The target:<\/strong> the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d.<\/li>\n<\/ul>\n<p><strong>Nature of the operation:<\/strong><\/p>\n<ul>\n<li>Exclusive takeover.<\/li>\n<\/ul>\n<p><strong>Economic sectors concerned:<\/strong><\/p>\n<ul>\n<li>Fitness club markets.<\/li>\n<\/ul>\n<p><strong>Deadline for interested third parties to submit their observations:<\/strong><\/p>\n<ul>\n<li>10 days from the date of publication of this statement, i.e., October 19, 2026.<\/li>\n<\/ul>\n<p><strong>NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n<p>The Competition Council has received notification of an economic concentration operation concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d, through the acquisition of 100% of the share capital and voting rights of the targets.<\/p>\n<p>\u201cElcano France Bidco SAS\u201d is a French simplified joint-stock company, with its registered office at 23, rue d&#8217;Anjou, 75008 Paris, France, registered with the Paris Trade and Companies Register under number 102 990 454. \u201cElcano France Bidco SAS\u201d is an acquisition vehicle established for the intended operation controlled by \u201cProvidence Equity Partners LLC\u201d, a global asset manager specializing in private equity, headquartered in the United States of America.<\/p>\n<p>\u201cGymspa SAS\u201d is a French simplified joint-stock company, with its registered office at 1 avenue du G\u00e9n\u00e9ral de Gaulle, Tour PB5, 92800 Puteaux, France, registered with the Nanterre Trade and Companies Register under number 450 091 350. \u201cGymspa SAS\u201d operates a network of fitness clubs mainly in France and worldwide, operating under the brand \u201cFitness Park\u201d.<\/p>\n<p>\u201cFitFin SAS\u201d is a French simplified joint-stock company, with its registered office at 6\/8 boulevard Haussmann, 75009 Paris, France, registered with the Paris Trade and Companies Register under number 829 204 247. \u201cFitFin SAS\u201d holds a minority stake in \u201cGymspa SAS\u201d. \u201cFitFin SAS\u201d does not engage in any commercial activities.<\/p>\n<p>\u201cFitMan SAS\u201d is a French simplified joint-stock company, with its registered office at Tour PB5, 1 avenue du G\u00e9n\u00e9ral de Gaulle, 92800 Puteaux, France, registered with the Nanterre Trade and Companies Register under number 841 726 805. \u201cFitMan SAS\u201d holds a minority stake in \u201cGymspa SAS\u201d. \u201cFitMan SAS\u201d does not engage in any commercial activities.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: right;\">Done in Rabat, on October 08, 2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties. This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council&#8217;s position on the proposed operation. The publication of this statement does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups involved: The acquirer: the company \u201cElcano France Bidco SAS\u201d; The target: the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d. Nature of the operation: Exclusive takeover. Economic sectors concerned: Fitness club markets. Deadline for interested third parties to submit their observations: 10 days from the date of publication of this statement, i.e., October 19, 2026. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has received notification of an economic concentration operation concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d, through the acquisition of 100% of the share capital and voting rights of the targets. \u201cElcano France Bidco SAS\u201d is a French simplified joint-stock company, with its registered office at 23, rue d&#8217;Anjou, 75008 Paris, France, registered with the Paris Trade and Companies Register under number 102 990 454. \u201cElcano France Bidco SAS\u201d is an acquisition vehicle established for the intended operation controlled by \u201cProvidence Equity Partners LLC\u201d, a global asset manager specializing in private equity, headquartered in the United States of America. \u201cGymspa SAS\u201d is a French simplified joint-stock company, with its registered office at 1 avenue du G\u00e9n\u00e9ral de Gaulle, Tour PB5, 92800 Puteaux, France, registered with the Nanterre Trade and Companies Register under number 450 091 350. \u201cGymspa SAS\u201d operates a network of fitness clubs mainly in France and worldwide, operating under the brand \u201cFitness Park\u201d. \u201cFitFin SAS\u201d is a French simplified joint-stock company, with its registered office at 6\/8 boulevard Haussmann, 75009 Paris, France, registered with the Paris Trade and Companies Register under number 829 204 247. \u201cFitFin SAS\u201d holds a minority stake in \u201cGymspa SAS\u201d. \u201cFitFin SAS\u201d does not engage in any commercial activities. \u201cFitMan SAS\u201d is a French simplified joint-stock company, with its registered office at Tour PB5, 1 avenue du G\u00e9n\u00e9ral de Gaulle, 92800 Puteaux, France, registered with the Nanterre Trade and Companies Register under number 841 726 805. \u201cFitMan SAS\u201d holds a minority stake in \u201cGymspa SAS\u201d. \u201cFitMan SAS\u201d does not engage in any commercial activities. &nbsp; Done in Rabat, on October 08, 2026<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-49236","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Statement from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d. - Conseil de la concurrence du Maroc<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Statement from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d. - Conseil de la concurrence du Maroc\" \/>\n<meta property=\"og:description\" content=\"In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties. This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council&#8217;s position on the proposed operation. The publication of this statement does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups involved: The acquirer: the company \u201cElcano France Bidco SAS\u201d; The target: the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d. Nature of the operation: Exclusive takeover. Economic sectors concerned: Fitness club markets. Deadline for interested third parties to submit their observations: 10 days from the date of publication of this statement, i.e., October 19, 2026. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has received notification of an economic concentration operation concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d, through the acquisition of 100% of the share capital and voting rights of the targets. \u201cElcano France Bidco SAS\u201d is a French simplified joint-stock company, with its registered office at 23, rue d&#8217;Anjou, 75008 Paris, France, registered with the Paris Trade and Companies Register under number 102 990 454. \u201cElcano France Bidco SAS\u201d is an acquisition vehicle established for the intended operation controlled by \u201cProvidence Equity Partners LLC\u201d, a global asset manager specializing in private equity, headquartered in the United States of America. \u201cGymspa SAS\u201d is a French simplified joint-stock company, with its registered office at 1 avenue du G\u00e9n\u00e9ral de Gaulle, Tour PB5, 92800 Puteaux, France, registered with the Nanterre Trade and Companies Register under number 450 091 350. \u201cGymspa SAS\u201d operates a network of fitness clubs mainly in France and worldwide, operating under the brand \u201cFitness Park\u201d. \u201cFitFin SAS\u201d is a French simplified joint-stock company, with its registered office at 6\/8 boulevard Haussmann, 75009 Paris, France, registered with the Paris Trade and Companies Register under number 829 204 247. \u201cFitFin SAS\u201d holds a minority stake in \u201cGymspa SAS\u201d. \u201cFitFin SAS\u201d does not engage in any commercial activities. \u201cFitMan SAS\u201d is a French simplified joint-stock company, with its registered office at Tour PB5, 1 avenue du G\u00e9n\u00e9ral de Gaulle, 92800 Puteaux, France, registered with the Nanterre Trade and Companies Register under number 841 726 805. \u201cFitMan SAS\u201d holds a minority stake in \u201cGymspa SAS\u201d. \u201cFitMan SAS\u201d does not engage in any commercial activities. &nbsp; Done in Rabat, on October 08, 2026\" \/>\n<meta property=\"og:url\" content=\"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"Conseil de la concurrence du Maroc\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-08T11:43:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-09T11:54:25+00:00\" \/>\n<meta name=\"author\" content=\"Youssef OTMANE\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Youssef OTMANE\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" 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concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d. - Conseil de la concurrence du Maroc","og_description":"In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u201coperation summary\u201d below, containing the information provided by the parties. This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council&#8217;s position on the proposed operation. The publication of this statement does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups involved: The acquirer: the company \u201cElcano France Bidco SAS\u201d; The target: the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d. Nature of the operation: Exclusive takeover. Economic sectors concerned: Fitness club markets. Deadline for interested third parties to submit their observations: 10 days from the date of publication of this statement, i.e., October 19, 2026. NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council has received notification of an economic concentration operation concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d, through the acquisition of 100% of the share capital and voting rights of the targets. \u201cElcano France Bidco SAS\u201d is a French simplified joint-stock company, with its registered office at 23, rue d&#8217;Anjou, 75008 Paris, France, registered with the Paris Trade and Companies Register under number 102 990 454. \u201cElcano France Bidco SAS\u201d is an acquisition vehicle established for the intended operation controlled by \u201cProvidence Equity Partners LLC\u201d, a global asset manager specializing in private equity, headquartered in the United States of America. \u201cGymspa SAS\u201d is a French simplified joint-stock company, with its registered office at 1 avenue du G\u00e9n\u00e9ral de Gaulle, Tour PB5, 92800 Puteaux, France, registered with the Nanterre Trade and Companies Register under number 450 091 350. \u201cGymspa SAS\u201d operates a network of fitness clubs mainly in France and worldwide, operating under the brand \u201cFitness Park\u201d. \u201cFitFin SAS\u201d is a French simplified joint-stock company, with its registered office at 6\/8 boulevard Haussmann, 75009 Paris, France, registered with the Paris Trade and Companies Register under number 829 204 247. \u201cFitFin SAS\u201d holds a minority stake in \u201cGymspa SAS\u201d. \u201cFitFin SAS\u201d does not engage in any commercial activities. \u201cFitMan SAS\u201d is a French simplified joint-stock company, with its registered office at Tour PB5, 1 avenue du G\u00e9n\u00e9ral de Gaulle, 92800 Puteaux, France, registered with the Nanterre Trade and Companies Register under number 841 726 805. \u201cFitMan SAS\u201d holds a minority stake in \u201cGymspa SAS\u201d. \u201cFitMan SAS\u201d does not engage in any commercial activities. &nbsp; Done in Rabat, on October 08, 2026","og_url":"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies\/","og_site_name":"Conseil de la concurrence du Maroc","article_published_time":"2026-10-08T11:43:52+00:00","article_modified_time":"2026-10-09T11:54:25+00:00","author":"Youssef OTMANE","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Youssef OTMANE","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies\/#article","isPartOf":{"@id":"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies\/"},"author":{"name":"Youssef OTMANE","@id":"https:\/\/conseil-concurrence.ma\/en\/#\/schema\/person\/03683379dc5edfcb3044e506a05bdf1b"},"headline":"Statement from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d.","datePublished":"2026-10-08T11:43:52+00:00","dateModified":"2026-10-09T11:54:25+00:00","mainEntityOfPage":{"@id":"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies\/"},"wordCount":489,"articleSection":["Press Releases"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies\/","url":"https:\/\/conseil-concurrence.ma\/en\/statement-from-the-competition-council-regarding-the-economic-concentration-project-concerning-the-exclusive-takeover-by-the-company-elcano-france-bidco-sas-of-the-companies\/","name":"Statement from the Competition Council regarding the economic concentration project concerning the exclusive takeover by the company \u201cElcano France Bidco SAS\u201d of the companies \u201cGymspa SAS\u201d, \u201cFitFin SAS\u201d, and \u201cFitMan SAS\u201d. - 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