Norton Rose Fulbright, its Turkish affiliate law firm Pekin Bayar Mizrahi, Kinstellar, and Havel & Partners have advised Benefit Systems on a PLN 1.775 billion (approximately EUR 414 million) financing package extended by Santander Bank Polska and Bank Gospodarstwa Krajowego to support the full acquisition of Mars Spor Kulubu ve Tesisleri Isletmeciligi. A&O Sherman reportedly advised the lenders.
Mars Spor Kulubu ve Tesisleri Isletmeciligi is an operator of fitness clubs in Turkiye. According to Norton Rose, the acquisition of Mars Spor, which operates under the MAC and MACFit brands, marks a significant entry into the Turkish fitness market and aligns with Benefit Systems’ ambitions to solidify its regional leadership position.
The Norton Rose Fulbright team included Partner Grzegorz Dyczkowski, Counsel Marta Kawecka, Associate Izabela Kregiel, and Paralegal Antoni Krzyzanowski.
The Kinstellar team included Counsel Svilen Issaev, Senior Associate Denitsa Kuzeva, and Junior Associate Simona Damyanova.
The Havel & Partners team included Partner Filip Cabart, Senior Associate Tomas Mach, Associate Filip Sperl, and Junior Associate Lukas Janecka.