Therme Group and CVC partner for EUR 1 billion joint venture that includes wellness complex in Bucharest
Private equity fund CVC and Therme Group, the developer, owner, and operator of wellbeing destinations, have partnered for Therme Horizon, a new holding company comprising Therme Erding in Germany and Therme Bucharest in Romania.
Simona Fodor · Journalist
· Updated · 2 min read
Private equity fund CVC and Therme Group, the developer, owner, and operator of wellbeing destinations, have partnered for Therme Horizon, a new holding company comprising Therme Erding in Germany and Therme Bucharest in Romania.
In a deal valued at over EUR 1 billion, CVC and Therme Group will become equal partners in Therme Horizon. CVC will also co-invest in the development of Therme Manchester, which is on track to open in late 2028 as the largest water-based wellbeing destination in Europe.
