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Therme Group Moves to Buy Three German Spas From Wund Foundation

Regulatory approval from the Bundeskartellamt is required before the sale can proceed.

Overview

  • The planned acquisition covers Thermen & Badewelt Sinsheim, Badeparadies Schwarzwald in Titisee-Neustadt, and Therme Euskirchen.
  • The Josef Wund Stiftung backs the move as a way to safeguard founder Josef Wund’s legacy and says it will remain closely connected to the sites.
  • Approval would reunify all Wund-originated destinations under Therme Group after the 2024 purchase of Therme Erding.
  • Therme Group cites future investments in sustainable engineering, water management, nature-focused design, and cultural programming while pledging to preserve each site’s character.
  • Financial terms and any guest-facing changes have not been disclosed, and there is no timeline yet for the antitrust review.