#Germany #Munich #wellness #Therme Group #Therme Erding

Therme Group Expands Its Global Presence

Therme Group, a leading player in the wellness infrastructure sector, has announced its latest acquisition of Therme Erding, located near Munich, Germany. This acquisition positions Therme as the world's largest wellbeing destination, adding to its burgeoning portfolio of wellness locations.

The deal was supported by a substantial financing package amounting to €320 million, arranged by Macquarie Capital and Deutsche Bank, marking one of the most significant single-asset financings in the wellness sector to date. This funding will bolster Therme Group's efforts to enhance the accessibility and quality of wellbeing experiences worldwide.

In 2024, Therme Erding expects to welcome over 3.5 million visitors annually. This impressive figure aligns with Therme Group's vision of revolutionizing the concept of social infrastructure through integrated wellbeing experiences, allowing individuals to enjoy the benefits of wellness without the exclusivity traditionally associated with such facilities.

Therme Group’s acquisition highlights the strong relationship between the company and the Wund family, founders of Therme Erding. Robert Hanea, the CEO of Therme Group, emphasizes their commitment to science-assisted well-being solutions, which merge traditional thermal bathing practices with modern technology.

Jörg Wund, CEO of Therme Erding, shared his enthusiasm about the acquisition, noting that the collaboration with Therme Group honors the legacy established by his father while ensuring a prosperous future for the employees and the local community. This partnership aims to further develop and redefine wellbeing experiences for visitors.

As the largest operator of wellbeing spaces worldwide, Therme Group's ambitions extend beyond Europe. Plans are already underway for new locations in Manchester, Frankfurt, Toronto, and multiple cities in the United States. This expansion reflects the company's determination to make urban wellbeing accessible to everyone, breaking away from the traditionally exclusive wellness market.

Dr. Hanea stresses that their goal is not just to grow in numbers but to reshape how urban areas can integrate health-promoting spaces into their design. They are committed to creating environments that foster connection and community engagement, thereby enriching people's lives.

Supported by a range of financial and legal advisers, including PwC, Freshfields Bruckhaus Deringer, and others, Therme Group is poised for significant growth in the coming years. Their successful acquisition of Therme Erding positions the company as a trailblazer in the wellness sector.

Therme Erding itself is more than just a wellness center; it's a holistic environment designed to enhance the physical, mental, and social well-being of its visitors. Each Therme location features diverse offerings such as thermal baths, spa treatments, and wellness programs all within sustainable, immersive environments. Visitors can indulge themselves with multiple thermal and mineral pools, saunas, a variety of relaxation areas, engaging water slides, and comprehensive dining options.

As Therme Group continues to expand its influence in the wellness sector, it remains committed to making high-quality wellbeing experiences accessible to all. With the successful acquisition of Therme Erding, the group is well on its way to reshaping the future of wellbeing infrastructure around the globe.

About Therme Group

Therme Group is dedicated to redefining the concept of wellbeing through innovative social infrastructure. With firm roots in the belief that wellness should be accessible to everyone, Therme facilitates community reconnection with nature and each other through their expansive wellbeing destinations. Companies like Macquarie Capital support their mission, emphasizing the growing demand for urban wellness and community-driven spaces.

Through inclusive strategies and a commitment to high standards, Therme Group continues to evolve the future of wellness. With existing renowned locations and exciting newcomers on the horizon, it seeks to empower individuals and communities alike.