SATS was launched in Norway by re-branding 8 existing fitness clubs

By this year, SATS operated 49 fitness clubs and was acquired by the American fitness club group named 24 Hour Fitness Worldwide

SATS acquired the Swedish Sports Club and established its operations in Sweden

SATS became the first chain in the Nordics to offer personal training. The expansion continued and after entering Denmark, SATS operated 100 clubs in the Nordics

ELIXIA was launched and by year-end, the chain operated a total of 16 fitness clubs in Norway and Finland

The private equity investor Nordic Capital and the Norwegian founders of SATS acquired SATS from 24 Hour Fitness Worldwide

SATS established its first clubs in Finland

TryghedsGruppen smba acquired SATS

Fresh Fitness was launched as a low-cost alternative in Norway and Denmark

ELIXIA was acquired by Altor, a private equity investor (Altor Fund III)

Merger of SATS and ELIXIA, creating the largest fitness chain in the Nordics

Launched Online Training and multiple niches training concepts, including HiYoga, Build’n Burn, and Martial Arts

SATS Introduced a modular membership structure, where members can tailor their own package

All ELIXIA clubs in Norway, and 22 Fresh Fitness clubs across the Nordics, were rebranded to the SATS concept. A new member app with social network functionality was launched

Acquires fitness dk, consisting of 39 fitness clubs, to re-enter the Danish market, where operations were sold in 2013. SATS ASA is listed on the Oslo Stock Exchange

SATS opens 15 clubs, closes one club, and divests nine clubs in Denmark outside the Greater Copenhagen cluster. In 2020, SATS experienced a temporary setback due to the COVID-19 pandemic and the subsequent club closures. However, SATS proved its ability to regain its member base once all clubs were open again, and the scalable business model is still attractive going forward

SATS ended 2021 with 660 000 members, the same level as 2019. During 2020 and 2021 we opened 29 new clubs