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August 15, 2003
24 Hour Fitness Worldwide, Inc. (www.24hourfitness.com)
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Paeffgen Rechtsanwaltsgesellschaft mbH advised US-based 24 Hour Fitness Worldwide, Inc. (www.24hourfitness.com) which operates more than 300 fitness clubs with a total of approx. 22,000 employees and some three million members, on the sale of all shares in its German subsidiaries, FHD Sport Clubs GmbH and FHD Fitness Clubs GmbH to a subsidiary of Karstadt Quelle AG. Thereby 24 Hour Fitness Worldwide, Inc. disposed of its business operations in Germany.

 

Theo Paeffgen (Rechtsanwalt & Solicitor) lead the team, supported by Rechtsanwalt Michael Steinsieck, Mr. Severin Becker, Ms. Jaga Gaenssler and Ms. Julia Peters.










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