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

Therme Group Expands Its Wellness Empire with Therme Erding Acquisition

In a landmark move in the wellness industry, Therme Group has officially acquired Therme Erding, the largest wellness destination in the world located near Munich, Germany. This acquisition is set to redefine the landscape of wellness services, as Therme Group commits to significant investment and innovative infrastructure development, enforcing its position as a leader in the market.

A Game-Changing Investment

To facilitate this acquisition, Therme Group secured €320 million in financing arranged by Deutsche Bank, marking it as one of the most substantial financial resources allocated within the wellness sector. This funding will enable Therme Group to expand its offerings and enhance its existing wellness destinations, potentially attracting over 3.5 million visitors annually across its portfolio.

The funding comes through a collaboration with Macquarie Capital Principal Finance, known globally for its tailored financing solutions. Alexi Antolovich, Global Head of Real Estate at Macquarie Capital, commented on the partnership, stating, "Therme Erding is an extraordinarily high-quality asset, and we're pleased to leverage our balance sheet to partner with an experienced operator in Therme Group. Their expertise and commitment to wellness infrastructure make them exemplary in the field."

Strengthening Wellness Infrastructure

The acquisition of Therme Erding not only showcases Therme Group's ambition but also highlights a deep-rooted partnership between the Wund family, founding owners of Therme Erding, and Dr. Robert Hanea, founder and CEO of Therme Group. Their shared vision of incorporating technological advancements with traditional wellness practices promises to deliver an outstanding experience for visitors.

Dipl. Ing. Jörg Wund, CEO of Therme Erding, stated, "Therme Group represents an established and proven partner that shares the innovative heritage of wellness we have developed. This acquisition honors that legacy while ensuring a vibrant future for Therme Erding, its staff, and the community."

Future Expansion Plans

With this strategic acquisition, Therme Group emerges as the largest global operator of wellness infrastructure, setting the stage for future expansions in key cities such as Manchester, Frankfurt, Toronto, and the United States. Dr. Hanea emphasized, "Through our global expansion, we redefine the integration of urban spaces that promote health, connection, and inclusion, making wellness accessible to everyone. We aim to transform the traditional wellness sector's exclusivity into universally beneficial experiences."

This ambitious expansion comes with a commitment to creating inclusive, scalable wellness solutions that address the rising demand for urban wellness options. They aim to reconnect communities with nature, themselves, and each other, ensuring wellness is accessible to all.

About Therme Group

Therme Group is at the forefront of creating social infrastructure dedicated to enhancing physical, social, and mental well-being. Their destinations, including the newly acquired Therme Erding and Therme Bucharest—global leaders in wellness infrastructure—cater to millions of visitors yearly. They are actively developing facilities in various locations while incorporating sustainability and community well-being into their operations.

The brand Therme represents a modern oasis where wellness is available to everyone, free from the exclusivity often associated with current wellness brands. Visitors can explore diverse experiences, from thermal baths and wellness programs to vibrant cultural activities, all housed in sustainable environments.

Macquarie Capital, known for its market-leading investment solutions, will continue to support Therme Group's vision as it evolves into a powerhouse in the wellness sector, preparing to meet the needs of health-conscious urban dwellers around the globe.

Conclusion

The acquisition of Therme Erding by Therme Group highlights a significant trajectory in the wellness industry, blending modernity with tradition and making wellness experiences more inclusive and accessible than ever before. The future looks promising for Therme Group as it plans to transform urban wellness across the globe.