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:
Divestment year: 2006
|2002||Purchased Club from GIB group|
|2002 - 2005||Merger with Proxis|
|Restructuring at Proxis, cost optimisation at Club|
|New management for combined entity|