Therme Group Acquires Therme Erding in €320M Deal

Therme Group has announced the acquisition of Therme Erding, the world's largest wellness destination near Munich, Germany. The acquisition is a major step in Therme Group's strategy to enhance its position as the leading global operator of wellness infrastructure. This strategic move is supported by a significant €320 million funding package organized by Deutsche Bank and facilitated by Macquarie Capital's Principal Finance team. The funding scheme is recognized as one of the largest single-asset financings within the industry. With this acquisition, Therme Group intends to expand the annual visitor base across its wellness destinations to over 3.5 million. The acquisition reflects a strong collaboration between Therme Group and the Wund family, emphasizing a commitment to combine traditional thermal bathing with modern technology and programming. Therme Group's ongoing expansion plans include new sites in Manchester, Frankfurt, Toronto, and several locations in the United States. The Group aims to redefine urban wellness, making it widely accessible and thus transforming the sector's community impact. The acquisition also underscores Therme Group's dedication to creating sustainable and inclusive wellness environments.