Therme Group and CVC to Partner on €1bn Therme Horizon Joint Venture

CVC and Therme Group partner on €1bn Therme Horizon joint venture

CVC has signed a deal, valued at over €1bn, with Therme Group, a global provider of large-scale urban wellbeing destinations, to form a strategic joint venture named Therme Horizon. Upon closing, CVC and Therme Group will become equal partners in Therme Horizon, a new holding company comprising Therme Erding in Germany and Therme Bucharest in Romania, two of Europe’s most visited wellbeing destinations, with approximately 3.5 million guests annu…

Therme Group and CVC to launch EUR 1 billion joint venture for global wellness expansion - Business Review

Therme Group, the global urban wellbeing destination developer behind Therme Bucharest, is entering a EUR 1 billion joint venture with CVC Capital Partners, one of the world’s largest private equity firms and a recent indirect investor in Romania’s Regina Maria healthcare network. The new company, Therme Horizon, will focus on developing and expanding large-scale thermal […] The post Therme Group and CVC to launch EUR 1 billion joint venture for…

Therme Group and CVC to partner on €1bn Therme Horizon joint venture

Therme Group and CVC, a leading private investment firm, have announced a strategic joint venture named Therme Horizon.