Announced

Sculptor to invest €245m in Therme Group.

Synopsis

Sculptor, an American alternative asset management firm, agreed to invest €245m in Therme Group, a wellbeing infrastructure developer and operator. "Sculptor's significant capital allocation to our platform is a testament to our strong track record as an operator and developer of Therme wellbeing infrastructure in continental Europe and the compelling investment opportunity of Therme Manchester. In Sculptor, we have a capital partner with a wealth of experience in operating real estate and an appetite for growth," Adrian Ion, Therme Group CFO.

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