#Germany #Therme Group #Therme Erding #Erding #wellness infrastructure

Therme Group's Strategic Acquisition of Therme Erding

In a landmark move, Therme Group has announced its acquisition of Therme Erding, the largest wellness complex in the world located near Munich, Germany. This strategic acquisition is not just about expanding their portfolio, but also about reshaping the wellness industry to make well-being accessible to everyone.

With this acquisition, Therme Group aims to attract over 3.5 million visitors daily to their innovative wellness facilities, which promise to combine the best of traditional thermal baths with cutting-edge technology and programming. The financial backing for this procurement includes a significant funding package of €320 million, arranged by Macquarie Capital Principal Finance and facilitated by Deutsche Bank. This funding marks one of the largest transactions in the wellness sector.

Alexi Antolovich, Global Head of Real Estate at Macquarie Capital, expressed his enthusiasm about the acquisition, highlighting Therme Group's reputation as a leader in managing unique real estate assets that require specialized operational expertise. He stressed the collaboration between their organization and the experienced operator that Therme Group represents.

The relationship leading to this acquisition is rooted in long-standing personal connections. The family of Jörg Wund, CEO of Therme Erding, and Robert Hanea, the founder and CEO of Therme Group, share a mutual commitment to promoting evidence-based solutions for well-being. This collaboration aims to ensure a thriving future for Therme Erding, its employees, and the local community.

Therme Group's expansion into Therme Erding is a substantial step forward in its mission to become the world’s leading operator of wellness infrastructure. This acquisition will allow them to further develop their contemporary wellness facilities, with plans for new complexes in Manchester, Frankfurt, Toronto, and the United States. This strategic growth is designed not only to increase their portfolio but also to redefine the integration of health and well-being into urban spaces.

Robert Hanea emphasized that their goal is to shift the perception of wellness from being an exclusive luxury to a fundamental aspect of urban living, making it accessible for everyone. Therme Group's vision focuses on creating spaces that prioritize health, community, and inclusiveness.

As it embarks on this transformative journey, Therme Group has enlisted the expertise of several firms, including Alantra, Rödl & Partner, PwC, KL Gates, and Slaughter and May, while also navigating the financial complexities with Deutsche Bank and BF.direkt Group. Macquarie Capital's advisory support was crucial in structuring the intricate financing needed for such a significant acquisition.

About Therme Group

Therme Group is a global owner, operator, and developer dedicated to shaping the future of wellness through a new type of social infrastructure known as 'Therme'. These wellness-focused complexes are designed to enhance physical, social, and mental health while reconnecting communities with nature. Therme Group believes in inclusivity and scalability, catering to the rising demand for urban health solutions. Existing facilities, like Therme Bucharest and the newly acquired Therme Erding, have already welcomed millions of visitors, with further expansion plans in major cities.

What to Expect from Therme Complexes

Each Therme complex serves as a modern wellness haven, striving to eliminate the exclusivity associated with traditional wellness brands. The facilities offer a comprehensive array of thermal baths, spa treatments, wellness programs, and cultural events, all set in an eco-friendly environment. Visitors can explore how health and well-being resonate with them personally while enjoying the vast amenities of these extensive properties.

This significant acquisition signifies a fresh chapter in wellness, opening doors to sustainable and inclusive approaches that enhance community health and well-being, thus transforming urban landscapes for generations to come.