Therme Group Expands Global Footprint with Major Acquisition

Therme Group's Milestone Acquisition of Therme Erding

The Acquisition of Europe's Largest Wellbeing Destination, Backed by One of the Industry's Largest Single-Asset Financings

Therme Group has made a remarkable move by acquiring Therme Erding, the largest wellbeing destination in the world, located near Munich. This acquisition is poised to enhance the company’s portfolio significantly, setting a new standard in wellness and wellbeing experiences globally.

A New Era of Wellbeing Begins

Following this acquisition, Therme Group is expected to attract over 3.5 million visitors annually to its various wellbeing destinations. This initiative reflects a growing trend towards creating social infrastructures designed to promote health, wellness, and community engagement in the modern world.

Securing Strong Financial Backing

To facilitate the acquisition, Therme Group utilized a €320 million funding package, which showcases Macquarie Capital as a major financial partner, recognized globally for its adept handling of complex real asset financing. The funding was arranged in collaboration with Deutsche Bank, demonstrating a strong financial foundation as Therme Group continues to grow.

According to Alexi Antolovich, Global Co-Head of Real Estate at Macquarie Capital Principal Finance, Therme Erding represents a high-quality asset that perfectly aligns with their investment strategy and commitment to supporting a best-in-class operator.

Strengthening Trusted Partnerships

The successful addition of Therme Erding results from a longstanding personal relationship between the Wund family and Robert Hanea, the CEO and founder of Therme Group. This relationship is built on shared values centered around innovative wellbeing solutions, combining traditional thermal bathing and contemporary wellness practices.

Entertainment Meets Wellness

Dr. Robert Hanea, the founder of Therme Group, emphasized that this acquisition not only honors the legacy built by the Wund family but also ensures a thriving future for Therme Erding. The company’s aim is to redefine urban wellness by making it accessible to a wider audience, blending entertainment with wellbeing to create a rejuvenating experience for all.

Expanding Horizons

The acquisition positions Therme Group as the leading operator of wellbeing infrastructure on a global scale. With plans to expand to new locations in Manchester, Frankfurt, Toronto, and the United States, the company intends to reach millions more individuals with its transformative approach to wellbeing. This expansion signifies a move away from the exclusivity typical of traditional wellness centers.

Innovative Wellbeing Solutions

Therme Group's commitment to growing urban wellbeing infrastructure is set to redefine city landscapes, providing spaces that prioritize health, connection, and community spirit. The vision is clear: making urban wellbeing a reality for everyone.

A Vision for the Future

Therme Group is not just about physical locations; it’s about the overarching goal of fostering a healthier society. Therme locations, including Therme Bucharest, which was the world’s first LEED Platinum-certified wellbeing infrastructure, embody this philosophy. Each Therme offers immersive experiences, blending nature with advanced wellness programming, ensuring that wellbeing is an everyday priority.

Community-Centric Destinations

With facilities that include thermal pools, saunas, and lush green spaces, every Therme destination is designed to cater to the needs of the public, creating an environment that encourages community engagement visitors return time and time again. The goal is a clear one: a holistic approach to wellbeing.

Frequently Asked Questions

What is the significance of Therme Group's acquisition of Therme Erding?

This acquisition positions Therme Group as a leader in the wellbeing infrastructure sector, significantly expanding its visitor base and influence globally.

How does Therme Group plan to expand its presence?

Therme Group intends to open new locations in major cities, including Manchester and Toronto, providing their unique wellbeing experiences to millions more individuals.

What sets Therme locations apart from traditional wellness centers?

Therme locations combine entertainment with wellness, offering diverse experiences in holistic environments, making wellbeing accessible to everyone.

Who provided financial support for this acquisition?

The financing was facilitated by a €320 million package, with Macquarie Capital and Deutsche Bank as key financial partners.

What unique experiences do Therme locations offer?

Therme locations feature thermal pools, wellness programming, cultural engagement, and lush greenery, creating a comprehensive wellness experience for all visitors.

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