Invision's Parkresort Rheinfelden Wellness Division Acquired by RS Properties
Deal News | Jan 16, 2025 | Legal Community Swiss
Niederer Kraft Frey (NKF) has acted as the legal advisor to Invision and other shareholders in the sale of the wellness division of Parkresort Rheinfelden to RS Properties. This acquisition ensures the continuity of wellness operations at Parkresort under a new ownership that emphasizes a local, long-term perspective. The wellness division, known as Parkresort Wellness, is part of the broader Parkresort Group and manages three well-established spas: sole uno in Rheinfelden, Switzerland, and Caracalla Therme and Friedrichsbad in Baden Baden, Germany. These facilities collectively attract more than one million visitors yearly. Invision, which acquired a stake in Parkresort Group in 2016, has played a significant role in driving the company's growth, digital advancement, and leadership transition. The NKF legal team leading the transaction was headed by Corporate/M&A partner Manuel Werder, with the support of Thomas Graf (Tax), associate Julia Pugliese, and junior associates Janika Leuzinger and Niklaus Hatz (Corporate/M&A).
Sectors
- Legal Services
- Wellness and Leisure
- Private Equity
- Real Estate
Geography
- Switzerland – Parkresort Rheinfelden and sole uno spa are located in Switzerland.
- Germany – Caracalla Therme and Friedrichsbad spas operated by Parkresort Wellness are located in Germany.
Industry
- Legal Services – The industry is relevant due to Niederer Kraft Frey's role as legal advisors in the transaction.
- Wellness and Leisure – This encompasses the spa operations of Parkresort Wellness, a key focus of the article.
- Private Equity – Invision's ownership stake and strategic planning in Parkresort Group indicates involvement in the private equity sector.
- Real Estate – RS Properties, the acquirer, operates in the real estate sector, acquiring and managing properties.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Niederer Kraft Frey (NKF) | Legal Advisor | Company | A law firm that advised Invision and other shareholders in the transaction. |
| Invision | Selling Company | Company | A private equity firm that held a stake in Parkresort Group since 2016. |
| Parkresort Rheinfelden | Target Company | Company | The company whose wellness division was sold to RS Properties. |
| RS Properties | Bidding Company | Company | The entity that acquired the wellness division of Parkresort Rheinfelden. |
| Manuel Werder | Corporate/M&A Partner | Person | Led the transaction team from NKF. |
| Thomas Graf | Tax Partner | Person | Provided tax advisory for the transaction. |
| Julia Pugliese | Associate | Person | Part of the NKF corporate/M&A team on the transaction. |
| Janika Leuzinger | Junior Associate | Person | Part of the NKF corporate/M&A team on the transaction. |
| Niklaus Hatz | Junior Associate | Person | Part of the NKF corporate/M&A team on the transaction. |