Eurazeo has acquired a majority stake in Aquardens, Italy's largest thermal park, aiming to enhance growth and sustainability in the wellness and leisure sector.

Information on the Target

Eurazeo, through its Real Estate strategy and the EZORE fund, has successfully acquired a majority stake in Aquardens, Italy's largest thermal park. All necessary regulatory and competitive approvals have been obtained for this transaction. This acquisition marks the first investment of the EZORE fund, which was launched in December 2024, with the objective of supporting high-potential companies that manage and operate their own real estate assets, thereby creating value for the company as a whole.

Founded in 2008 and located in Verona, Aquardens offers a broad spectrum of leisure and wellness services, including saunas, spas, massages, beauty treatments, and medical services. The park is strategically positioned near major tourist attractions such as Lake Garda, Verona, and Brescia, enhancing its appeal to visitors.

Industry Overview in Italy

The wellness and leisure industry in Italy has seen remarkable growth in recent years, driven by rising consumer demand for health-focused experiences and quality relaxation