Club is a retail chain, specialised in the book and stationery market. The stores were located in AA locations around Belgium.

Proxis is an on-line entertainment store, specialized in the sale of books, CD's, DVD's and videos. Proxis was the market leader in Belgium and merged with Club on June 30, 2004.

Mitiska* shareholding: 40%

Investment year: 1998

Growth 1998 - 2006:
Sales from Eur 0 to Eur 53 m

Divestment year: 2006

Key events:

2002Purchased Club from GIB group
2002 - 2005Merger with Proxis
Restructuring at Proxis, cost optimisation at Club
New management for combined entity

In 2006, Mitiska Europe sold its participation in Club / Proxis to Distripar.

* via Net Fund Europe