Technogym goes public

4 Ratings

Nerio AlessandriNerio Alessandri (right) is now conquering the Milan stock exchange with his company Technogym. is conquering the stock exchange in Milan. All the documents submitted for this purpose have successfully passed the examination and CONSOB (National Commission for Companies and the Stock Exchange) has also granted approval.

Technogym is placing on the market only the part of its shares held by minority shareholder Arle Capital, namely 40 percent. The price range per share, which will be issued on May 3, 2016, has been set at 3.00 to 3.75 euros. Nerio and his brother Pierluigi Alessandri retain the majority shareholding of 60 percent.

The history of the manufacturer of high-quality fitness equipment from the wellness and rehabilitation began in a garage in the Italian town of Cesena, where Technogym founder Alessandri built the first training equipment. The company is now an international leader in the fitness and wellness sector, having supplied Technogym equipment to 65,000 wellness centers and over 100,000 private homes around the world.

You can also find new and used Technogym equipment can also be found on fitnessmarkt.de.

Image source: h2biz

Published on: 4 May 2016

Rate this magazine article :
Related articles