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Therme Group Expands Wellness Influence with Therme Erding Acquisition

In a significant move to integrate and expand its global wellness portfolio, Therme Group has officially acquired Therme Erding, the largest wellness destination in the world located near Munich, Germany. This monumental acquisition is supported by a remarkable financial package of €320 million, facilitated by Macquarie Capital, widely recognized for its leadership in complex real estate financing solutions. This financing was brokered by Deutsche Bank, marking one of the largest single financing rounds in the wellness sector.

The Therme Group, a pioneer in social infrastructure dedicated to health and wellbeing, anticipates that its portfolio will now exceed an annual visit rate of 3.5 million across its wellness destinations. The integration of Therme Erding is seen as pivotal for the company's expansion strategy, as it aims to bring innovative wellness solutions to greater global audiences.

Alexi Antolovich, Global Co-Head of Real Estate at Macquarie Capital Principal Finance, emphasized the unique quality of Therme Erding as an asset. He noted the thrill of partnering with an operator as reputed as Therme Group: "Therme Erding is an asset of exceptional quality. We are excited to partner with such a leading operator in the specialty property sector."

The roots of this acquisition reach back to a long-standing relationship between the Wund family, owners of Therme Erding, and Dr. Robert Hanea, founder and CEO of Therme Group. This connection centers around a shared commitment to scientifically-backed wellness solutions, bringing together traditional thermal spa benefits with cutting-edge technologies. Jörg Wund, CEO of Therme Erding, remarked, "This acquisition is not only a tribute to the legacy of innovating well-being that my father and I built together but also ensures a vibrant future for Therme Erding and the community we serve."

As Therme Group moves forward, the announcement of additional facilities in key cities like Manchester, Frankfurt, Toronto, and various locations in the U.S. highlights the company’s ambition to redefine urban wellness. Dr. Hanea stated, "Through our global expansion, we are not just extending our portfolio; we are bringing a new approach to integrating health-focused spaces in urban settings, making wellness accessible to everyone."

Therme Group's commitment to inclusivity and well-being portrays a new era of wellness that steers away from traditional exclusivity. Their innovative design includes a variety of spa experiences, thermal baths, wellness programs, and cultural activities within sustainable environments. Each Therme destination is equipped with thermal and mineral water pools, an array of saunas, thousands of relaxation loungers, lush greenery, and a myriad of dining options.

This acquisition further solidifies Therme Group's position as the global leader in wellness infrastructure, committed to making well-being more accessible. With millions already benefiting from its locations, including Bucharest's LEED Platinum certified Therme, the group is poised to serve a growing demand for urban wellness solutions.

Overall, Therme Group's acquisition of Therme Erding marks a transformative step in enhancing global wellness infrastructure, reinforcing its dedication to building communities rooted in health, nature, and social connection.