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Therme Group and CVC partner for a EUR 1 billion joint venture, creating Therme Horizon for wellness expansion.
Jun 18, 2025•12 months ago
Contract Type
partnership
Description
Therme Group has entered a partnership with CVC to establish a new holding company, Therme Horizon, valued at over EUR 1 billion. This strategic partnership aims to expand Therme's wellness offerings across Europe, including the development of Therme Manchester, set to be the largest water-based wellbeing destination in Europe.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months