Therme Group Expands Global Wellness Footprint by Acquiring Wund Portfolio
In a landmark decision that solidifies its position as a leader in the wellness industry, Therme Group has announced the acquisition of three thermal wellbeing destinations—Euskirchen, Sinsheim, and Titisee-Neustadt—from the Josef Wund Foundation. This acquisition, executed through Therme Horizon, the joint endeavor between Therme Group and CVC Capital Partners, not only enhances Therme Group's existing offerings but also integrates all four Wund-origin destinations into its expansive global platform.
This strategic move comes after the previous acquisition of Therme Erding in 2024, allowing Therme Group to now exercise full stewardship over these premier wellness sites, enriching its portfolio with remarkable destinations that cater to an increasing demand for accessible wellbeing experiences. Each of these locations is renowned for its exceptional architecture and commitment to sustainability—values deeply rooted in the vision of founding figure Josef Wund.
Dr. Robert Hanea, the founder and CEO of Therme Group, expressed his sentiments about this acquisition, emphasizing its personal significance derived from a long-standing partnership with the Wund family and the foundation. The Therme Group aims to lead the next phase of development for these properties, maintaining their historical significance while evolving their experiences to attract new clientele. This development direction aims to build transformative wellbeing infrastructures in the communities surrounding these destinations.
By integrating these world-class wellness spots, Therme Group now represents an impressive scale in the thermal wellbeing market, hosting an estimated annual visitor count of around 5.3 million across five different locations. The company is also actively engaged in the development of its sixth site located in Manchester, UK.
This acquisition furthers Therme Group's commitment to pioneering next-generation wellbeing infrastructure, which is increasingly becoming essential in urban environments. The strategic focus is not just on expansion but also on creating innovative experiences that entwine sustainable engineering and nature-based design. New opportunities for cultural programming, water technology, and experiential wellness are on the horizon, helping to redefine how wellbeing is incorporated into daily lives.
Christoph Palm, Chairman of The Josef Wund Foundation, expressed satisfaction with this merger, highlighting that the foundation remains intimately connected to the communities that these destinations serve. The joining of the Wund properties under the Therme Horizon umbrella symbolizes the protection of Josef Wund's entrepreneurial legacy while fostering innovative community-focused wellness solutions.
István Szőke, Managing Partner at CVC Capital Partners, remarked, 'We are proud to support Therme Group in carrying forward Josef Wund's vision,' reinforcing the ongoing partnership's role in unlocking the full potential of this collaborative initiative.
Therme Group continues to drive the narrative around the accessibility of wellbeing, challenging traditional notions of leisure and wellness facilities. By developing state-of-the-art wellbeing oases, it sets a new standard for how modern cities can incorporate wellness into their infrastructure. The ongoing project includes significant developments in multiple global locations, including Frankfurt, Toronto, Washington, Dallas, and Dubai.
The acquisition and subsequent integration of the Josef Wund portfolio highlight Therme Group's unwavering commitment to enhancing wellbeing accessibility while simultaneously advancing sustainable tourism and recreational initiatives. Therme Group believes every individual should have the opportunity to enjoy transformative wellness solutions rooted in their natural environments, aiming to create spaces that spark joy and connection among individuals, communities, and nature.
For more insights on the Therme Group's expansive plans and its innovative approaches to wellness infrastructure, visit their official website at thermegroup.com.
This strategic move comes after the previous acquisition of Therme Erding in 2024, allowing Therme Group to now exercise full stewardship over these premier wellness sites, enriching its portfolio with remarkable destinations that cater to an increasing demand for accessible wellbeing experiences. Each of these locations is renowned for its exceptional architecture and commitment to sustainability—values deeply rooted in the vision of founding figure Josef Wund.
Dr. Robert Hanea, the founder and CEO of Therme Group, expressed his sentiments about this acquisition, emphasizing its personal significance derived from a long-standing partnership with the Wund family and the foundation. The Therme Group aims to lead the next phase of development for these properties, maintaining their historical significance while evolving their experiences to attract new clientele. This development direction aims to build transformative wellbeing infrastructures in the communities surrounding these destinations.
By integrating these world-class wellness spots, Therme Group now represents an impressive scale in the thermal wellbeing market, hosting an estimated annual visitor count of around 5.3 million across five different locations. The company is also actively engaged in the development of its sixth site located in Manchester, UK.
This acquisition furthers Therme Group's commitment to pioneering next-generation wellbeing infrastructure, which is increasingly becoming essential in urban environments. The strategic focus is not just on expansion but also on creating innovative experiences that entwine sustainable engineering and nature-based design. New opportunities for cultural programming, water technology, and experiential wellness are on the horizon, helping to redefine how wellbeing is incorporated into daily lives.
Christoph Palm, Chairman of The Josef Wund Foundation, expressed satisfaction with this merger, highlighting that the foundation remains intimately connected to the communities that these destinations serve. The joining of the Wund properties under the Therme Horizon umbrella symbolizes the protection of Josef Wund's entrepreneurial legacy while fostering innovative community-focused wellness solutions.
István Szőke, Managing Partner at CVC Capital Partners, remarked, 'We are proud to support Therme Group in carrying forward Josef Wund's vision,' reinforcing the ongoing partnership's role in unlocking the full potential of this collaborative initiative.
Therme Group continues to drive the narrative around the accessibility of wellbeing, challenging traditional notions of leisure and wellness facilities. By developing state-of-the-art wellbeing oases, it sets a new standard for how modern cities can incorporate wellness into their infrastructure. The ongoing project includes significant developments in multiple global locations, including Frankfurt, Toronto, Washington, Dallas, and Dubai.
The acquisition and subsequent integration of the Josef Wund portfolio highlight Therme Group's unwavering commitment to enhancing wellbeing accessibility while simultaneously advancing sustainable tourism and recreational initiatives. Therme Group believes every individual should have the opportunity to enjoy transformative wellness solutions rooted in their natural environments, aiming to create spaces that spark joy and connection among individuals, communities, and nature.
For more insights on the Therme Group's expansive plans and its innovative approaches to wellness infrastructure, visit their official website at thermegroup.com.
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