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13 DECEMBER 2024 ISSUE 464
A SPA BUSINESS PUBLICATION
Therme Group acquires Erding
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Recognised as one of Europe’s largest thermal wellbeing complexes, Therme Erding features a 40-pool bathing oasis, 35 steam baths and saunas and 28 indoor and outdoor slides. Founded by architect and facility has become a cornerstone
■ Therme Group has projects underway in Canada, the UK, the US, South Korea and Germany
ACCOR
entrepreneur Josef Wund in 1999, the
SHUTTERSTOCK/PEOPLEIMAGES.COM - YURI A
Global wellbeing organisation Therme Group has acquired Therme Erding – a vast 145,000sq ft wellbeing destination located near Munich in Germany.
of the European wellness industry. Finance team. Arranged by Deutsche
The acquisition builds on a long-
Hanea said: “As we expand
standing relationship between the
Bank, this funding is claimed to
globally, we’re not just growing
Wund family and Robert Hanea,
represent one of the largest single-
our portfolio – we’re redefining
CEO and founder of Therme Group.
asset financings in the industry.
how cities can integrate spaces
With the addition of Therme
that prioritise health, connection,
To finance the deal, Therme Group secured a €320 million (US$336
Erding, Therme Group's portfolio
and inclusion, making urban
million, £264 million) funding package
of wellbeing destinations is set to
wellbeing accessible to all.”
from Macquarie Capital's Principal
exceed 3.5 million annual visitors.
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