Therme Horizon, a joint venture of Therme Group and CVC Capital Partners, acquired the thermal baths in Sinsheim, Black Forest, and Titisee, marking a strategic expansion in the German wellness industry.
Information on the Target
Therme Horizon, a joint venture co-owned by Therme Group and CVC Capital Partners, has successfully acquired the thermal bathing facilities located in Sinsheim, Black Forest, and Titisee from the Josef Wund Foundation. This acquisition integrates these three locations into Therme Horizon's existing operations, enhancing its portfolio of premium wellness destinations.
The acquisition is pending approval from the German Federal Cartel Office. This strategic move follows Therme Horizon's previous acquisition of Therme Erding in 2024, and it aims to bolster its position in the thermal and wellbeing sector by expanding its reach within Germany and Romania, with an annual guest count of approximately 5.3 million.
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Industry Overview in Germany
The wellness and thermal bath industry in Germany has seen significant growth in recent years, driven by increasing consumer awareness of health and well
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Therme Horizon
invested in
thermal baths in Sinsheim, Black Forest, and Titisee
in 2025
in a Joint Venture deal