MUNICH, Dec. 8, 2025 — Therme Group, a foremost developer, owner, and operator defining the future of wellbeing infrastructure, has announced today the purchase of three thermal wellbeing destinations — Euskirchen, Sinsheim, and Titisee-Neustadt — from the Josef Wund Foundation. This deal awaits clearance from the German Federal Cartel Office.
Executed via Therme Horizon, the joint venture between Therme Group and CVC Capital Partners, this acquisition introduces three more world-class sites into the Therme network. Combined with the 2024 purchase of Therme Erding, this move now brings the complete Wund portfolio under the Therme Horizon umbrella.
This consolidation represents a key milestone for Therme Group and its founder, Dr. Robert Hanea, honoring a lasting partnership with the late Josef Wund, his family, and the Foundation. Now overseeing all four destinations, Therme Group will direct their future growth as part of its worldwide plan to advance next-generation wellbeing infrastructure and enhance the sites’ importance to their local areas.
Adding these properties bolsters Therme Group’s size and standing as a top operator of thermal wellbeing destinations, which now total five locations hosting 5.3 million guests each year. The company also commenced construction this year on its sixth site in Manchester, UK.
This broader platform unlocks fresh potential for innovation in sustainable engineering, water technology, experiential wellness, nature-inspired design, and cultural events, pushing forward Therme Group’s goal of providing large-scale, accessible wellbeing.
“This occasion is profoundly meaningful to me personally. My friendship, collaboration, and enduring partnership with Josef Wund and his family extends over twenty years, and I appreciate the confidence given to Therme Group to steer these destinations forward. With all four under our care, we will keep enhancing their offerings to respect their heritage while attracting new visitors. We are dedicated to crafting spaces that deliver joy, connection, and transformative wellbeing infrastructure to their communities — and to the countless others who will now explore these outstanding German destinations.” — Dr. Robert Hanea, Founder and CEO, Therme Group
“Through this action, we are protecting a major portion of our founder’s legacy. Concurrently, our Foundation maintains a strong bond with the communities these destinations benefit.” — Christoph Palm, Chairman, The Josef Wund Foundation
“Uniting the Wund destinations under Therme Horizon is a significant step – both for the ongoing growth of this outstanding complementary collection and for conserving a distinctive entrepreneurial heritage. We are honored to back Therme Group in perpetuating Josef Wund’s vision. As a long-term partner, CVC will assist Therme Horizon in realizing its complete capabilities and establishing new benchmarks in sustainable, innovative wellbeing infrastructure.” — István Szőke, Managing Partner, CVC Capital Partners
About Therme Group
Guided by the conviction that wellbeing must be available to everyone, Therme Group is at the forefront of creating the future of large-scale wellbeing as a premier global developer, owner, and operator of Therme destinations. These advanced wellbeing havens redefine how cities integrate wellbeing into daily living, assisting communities in rediscovering nature, themselves, and one another.
Therme Group’s wellbeing infrastructure breakthroughs leverage over 10 top-tier specialty divisions and more than twenty years of know-how. This knowledge covers architecture, sustainable technology, water science, nutrition, inclusive wellness experiences, and cultural events.
The company’s established success in broadening access to wellbeing is shown by its flagship sites Therme Bucharest—the first LEED Platinum-certified wellbeing destination—and Therme Erding, which collectively attract more than 3.5 million guests per year. New projects are progressing in Manchester, Frankfurt, Toronto, Washington, Dallas, and Dubai. For additional details, visit:.
About CVC Capital Partners
CVC is a top global private markets manager operating from 30 offices across EMEA, the Americas, and Asia, managing roughly €201 billion in assets. CVC employs seven complementary strategies in private equity, secondaries, credit, and infrastructure, with funds that have obtained pledges exceeding €243 billion from leading global pension funds and other institutional investors. Companies invested in by funds managed or advised by CVC’s private equity strategy number around 150+ worldwide, generating combined yearly revenues over €165 billion and employing almost 600,000 individuals. For more on CVC please visit: . Follow us on .
About Thermengruppe Josef Wund
Thermengruppe Josef Wund is a European pioneer in creating and running Therme destinations. Known for its unique architecture, outstanding guest service, and comprehensive wellbeing philosophy across its Euskirchen, Sinsheim, and Titisee sites, the group crafts distinctive relaxation settings and cutting-edge wellness experiences inspired by Josef Wund’s vision. Sustainability, energy efficiency, and prudent resource management are fundamental to each location’s evolution, aiming to establish new standards for leisure and guest experience.
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