May 25, 2016 9:26 AM ET

Leisure Products

Company Overview of Technogym S.p.A.

Company Overview

Technogym S.p.A. designs and manufactures fitness equipment. The company offers treadmills, exercise bikes, ellipticals and cross trainers, cable stations, abductors, and functional training equipment. it caters to private individuals, hotels and spas, fitness centers, medical centers, and residential and military sectors. Technogym S.p.A. was founded in 1983 and is based in Cesena, Italy.

via Calcinaro, 2861

Cesena, FO 47521

Italy

Founded in 1983

Phone:

39 054 756047

Fax:

39 0547 65 05 05

Key Executives for Technogym S.p.A.

Founder, Chairman and President
Age: 54
Vice President
Director of Medical & Scientific Department and Member of Scientific Advisory Board
Compensation as of Fiscal Year 2015.

Technogym S.p.A. Key Developments

Technogym Commences IPO

Technogym S.p.A. Sets indicative price range for shares to be offered in initial public offering at €3.00 to €3.75 each. A total of up to 57.5 million shares, equivalent to 28.75% of Technogym's capital, to be sold in IPO. Arle Capital Partners Limited intends to sell 50 million shares, corresponding to 28.75% of the total share capital of Technogym and has granted the joint global coordinators an option to purchase up to 7.5 million additional shares under the greenshoe option. The offering is expected to commence upon completion of the review process by Italian stock exchange regulator Consob and is to conclude on April 28, 2016.

Technogym IPO Update

Technogym S.p.A.'s planned Milan initial public offering will entail Arle Capital Partners Limited selling at least 25% of its stake, the terms of the deal seen by Bloomberg News showed on April 4, 2016. The IPO will only include an offering of secondary shares on the Italian Stock Exchange, with a free float of at least 25%, as per Borsa Italiana’s requirement, the terms showed. Arle Capital Partners will sell part of its stake through Salhouse Holding.

Technogym Announces Launch of SKILLMILL for Optimal Athletic Performance Training

Technogym announced the launch of SKILLMILL, the first non-motorized product that combines Power, Speed, Stamina and Agility training. SKILLMILL is the ideal training solution for sports professionals and ‘every day’ athletes who are dedicated to their fitness and improving their sporting performance. Technogym will showcase SKILLMILL at IHRSA 2016, 35th Annual International Convention & Trade Show, March 21-24, Orange County Convention Center, South Building. Technogym Booth #2225. As Official supplier to 5 Olympic Games and partner to the world’s best performing teams and athletes, Technogym has first-hand experience in the training methods and systems of thousands of worldwide sports champions in over 100 different disciplines. This know-how is at the heart of Athletic Performance Training, a new methodology that helps create high intensity workouts to improve sports performance. SKILLMILL Multidrive Technology (patent pending) enables users to select different levels of reactive resistance, from zero to max. A simple gearshift switches the workout quickly from resistance-free running to an all-out sled push. SKILLMILL is designed to train all the body’s energy systems in a single solution, from sprinting to power development, for efficient metabolic conditioning. SKILLMILL is operated and controlled by the force applied exclusively by the user, making this an ideal solution for a sustainable facility, helping reduce electricity costs and carbon footprint. To speed up, one moves to the front of the surface and to slow down, one moves to the back. It is possible to accelerate quickly from a cold start to an athlete’s pace. Adding resistance increases oxygen consumption and raises energy expenditure significantly, compared with walking at the same speed on a traditional treadmill. Electromyography studies reveal a higher activation of the posterior chain, in particular glutes and hamstrings, compared to traditional treadmills, while the sled pushing exercise shows levels of activations as high as glute targeted strength exercises such as squats or dead lifts. SKILLMILL offers a range of connectivity options to maximize performance and results with complete safety, and is fully integrated within mywellness, the Technogym cloud based training platform. The solution includes a variety of training programs and tools to offer users training guidance, monitor and track results. Users can access training programs by scanning the SKILLMILL QR code or by downloading the mywellness app, and can monitor training parameters in real time from the on-board console. Alongside the specifically designed programs, SKILLMILL is also ideal for athletic training inspired classes or small group sessions. Availability – SKILLMILL is now available for pre-order.

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