OSLO: SATS ASA has announced the acquisition of the shares in SATS Grenland AS held by the minority shareholders.

SATS is the leading provider of fitness and training services in the Nordics, with nearly 250 clubs, more than 10,000 employees and 700,000 members.

The acquisition will not have any P&L effect, as SATS Grenland AS is already consolidated into the financial statements.