Therme Group Unveils Ambitious Plan to Lead Global Wellbeing Sector
In a significant development for the global wellbeing sector, Therme Group has announced the acquisition of Therme Erding, located near Munich, Germany. This facility is renowned for being the world's largest destination dedicated to wellbeing, and this acquisition marks a pivotal moment for Therme Group, positioning it to attract over 3.5 million visitors annually across its wellbeing sites.
With the €320 million financing secured from Macquarie Capital, one of the foremost names in tailored real asset financing, the acquisition reflects a deep commitment to expanding sustainable and socially responsible wellbeing infrastructures. The transaction, which is notable as one of the largest single-asset financings in the sector, was facilitated by Deutsche Bank. By combining their financial power and expertise, Therme Group and its new partners are set to create a platform that revolutionizes how wellbeing is perceived and accessed.
Alexi Antolovich, co-head of Real Estate at Macquarie Capital, expressed enthusiasm about the partnership, emphasizing Therme Group's status as an industry leader in developing operational real estate assets that prioritize wellbeing. This sentiment is echoed by Dipl. Ing. Jörg Wund, CEO of Therme Erding, who articulated that this merger propagates the legacy of innovation and quality of service that his family has established over the years.
This acquisition not only cements Therme Group's leadership in the industry but also sets the stage for a series of expansions, with new Therme locations planned for Manchester, Frankfurt, Toronto, and various cities throughout the United States. Dr. Robert Hanea, Founder and CEO of Therme Group, stated that this global expansion is more than just about increasing the company’s footprint; it aims to shift the narrative around wellness from exclusivity to inclusivity. Therme destinations will provide versatile spaces designed to foster health, community engagement, and a deeper connection to nature.
Each Therme site, including the newly-acquired Therme Erding, aims to challenge traditional notions of wellness. Rather than catering solely to an elite clientele, these centers will offer diverse experiences to a broader audience. Visitors can expect state-of-the-art thermal baths, wellness programs, and cultural engagements all wrapped within lush, sustainable environments. The emphasis on social inclusion seeks to address a growing demand for urban wellness solutions that are accessible to everyone.
As Therme Group moves forward, it remains committed to redefining the spaces where urban life meets wellbeing. The focus will be on ensuring that these facilities enhance connections between individuals and foster a sense of community. This unique vision integrates the wisdom of traditional bathing practices with innovative technological advancements, resulting in wellbeing offerings that resonate deeply in modern society.
With the acquisition of Therme Erding, Therme Group is poised to transform how cities integrate health and wellness into their infrastructure, signaling a new decade for wellbeing as a fundamental aspect of urban life. As it continues to grow, the company aims to redefine the standards of urban wellbeing, making it a priority across all its operational strategies. On this ambitious journey, Therme Group not only envisions a prosperous future for itself but also a healthier, more connected society for all.
The future looks bright for Therme Group as it embarks on this journey, empowered by innovative leadership, strategic financial partnerships, and a steadfast commitment to making wellbeing a universal right.
With the €320 million financing secured from Macquarie Capital, one of the foremost names in tailored real asset financing, the acquisition reflects a deep commitment to expanding sustainable and socially responsible wellbeing infrastructures. The transaction, which is notable as one of the largest single-asset financings in the sector, was facilitated by Deutsche Bank. By combining their financial power and expertise, Therme Group and its new partners are set to create a platform that revolutionizes how wellbeing is perceived and accessed.
Alexi Antolovich, co-head of Real Estate at Macquarie Capital, expressed enthusiasm about the partnership, emphasizing Therme Group's status as an industry leader in developing operational real estate assets that prioritize wellbeing. This sentiment is echoed by Dipl. Ing. Jörg Wund, CEO of Therme Erding, who articulated that this merger propagates the legacy of innovation and quality of service that his family has established over the years.
This acquisition not only cements Therme Group's leadership in the industry but also sets the stage for a series of expansions, with new Therme locations planned for Manchester, Frankfurt, Toronto, and various cities throughout the United States. Dr. Robert Hanea, Founder and CEO of Therme Group, stated that this global expansion is more than just about increasing the company’s footprint; it aims to shift the narrative around wellness from exclusivity to inclusivity. Therme destinations will provide versatile spaces designed to foster health, community engagement, and a deeper connection to nature.
Each Therme site, including the newly-acquired Therme Erding, aims to challenge traditional notions of wellness. Rather than catering solely to an elite clientele, these centers will offer diverse experiences to a broader audience. Visitors can expect state-of-the-art thermal baths, wellness programs, and cultural engagements all wrapped within lush, sustainable environments. The emphasis on social inclusion seeks to address a growing demand for urban wellness solutions that are accessible to everyone.
As Therme Group moves forward, it remains committed to redefining the spaces where urban life meets wellbeing. The focus will be on ensuring that these facilities enhance connections between individuals and foster a sense of community. This unique vision integrates the wisdom of traditional bathing practices with innovative technological advancements, resulting in wellbeing offerings that resonate deeply in modern society.
With the acquisition of Therme Erding, Therme Group is poised to transform how cities integrate health and wellness into their infrastructure, signaling a new decade for wellbeing as a fundamental aspect of urban life. As it continues to grow, the company aims to redefine the standards of urban wellbeing, making it a priority across all its operational strategies. On this ambitious journey, Therme Group not only envisions a prosperous future for itself but also a healthier, more connected society for all.
The future looks bright for Therme Group as it embarks on this journey, empowered by innovative leadership, strategic financial partnerships, and a steadfast commitment to making wellbeing a universal right.
Topics Consumer Products & Retail）
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