Therme Group Acquires Full Thermengruppe Josef Wund Portfolio
© Thermen & Badewelt Sinsheim
(eap) The Therme Group, developer, owner and operator of thermal spas and wellbeing destinations, has announced the acquisition of Therme Euskirchen, Sinsheim and Titisee-Neustadt from the Josef Wund Foundation. The completion of the transaction is still subject to approval by the German Federal Cartel Office. The integration will take place via Therme Horizon, a joint venture of Therme Group with the private equity company CVC Capital Partners. Together with Therme Erding, which was already acquired in 2024, three additional locations built by Josef Wund will thus be fully transferred to the holding company Therme Horizon. “With this step, we are safeguarding a significant part of our founder’s life’s work. At the same time, our Foundation remains deeply connected to the communities served by these destinations,” emphasizes Christoph Palm, Managing Director of the Josef Wund Foundation.
The new Therme Group locations are known for its “Immersive Wellbeing” concepts, such as the “Immersive Sky” experience room at Therme Euskirchen. © Thermen & Badewelt Euskirchen
“This moment holds deep personal significance for me. My friendship, collaboration and long-standing partnership with Josef Wund and his family span more than two decades, and I am grateful for the trust placed in Therme Group to guide these destinations into their next chapter. With all four now under our stewardship, we will continue to evolve their experiences in ways that honor their origins while opening them up to new audiences. Our commitment remains to create places that bring joy, connection and transformative wellbeing infrastructure to the communities they serve – and to the many more who will now discover these remarkable German destinations,” says Dr Robert Hanea, founder and CEO of the Therme Group.
© Badeparadies Schwarzwald
By expanding its portfolio, the Therme Group now operates five locations and welcomes around 5.3 million annual visitors. In addition, groundbreaking took place this year for the sixth location in Manchester, UK. Further projects, including in Bad Vilbel, Singapore, South Korea, the USA and Dubai, are in the planning. For more insights, read our interview with Dr Robert Hanea on the group’s success concept in EAP issue 4/2025. ■
