from EURAZEO (EPA:RF)
COMPLETION OF THE AQUARDENS ACQUISITION
COMPLETION OF THE AQUARDENS ACQUISITION
Paris, June 3rd, 2025
Eurazeo, through its Real Estate team and the EZORE fund, announces the completion of the acquisition of a majority stake in Aquardens, Italy’s largest thermal park. All necessary regulatory and competitive approvals have now been obtained. This transaction marks the first investment of the EZORE fund, launched in December 2024, which focuses on operational real estate assets across Europe.
Founded in 2008 and headquartered in Verona, Aquardens offers a wide range of wellness and leisure services including saunas, spas, massages, beauty and medical treatments. The park is strategically located near major tourist destinations such as Lake Garda, Verona, and Brescia.
Eurazeo is investing alongside the existing management team, with a shared ambition to accelerate the company’s growth and enhance its customer offering. A significant capital expenditure program will be launched to expand amenities, including the development of a 4-star hotel, and to improve sustainability through on-site renewable energy production and responsible water use.
This investment reflects Eurazeo’s commitment to supporting experience-driven consumption and sustainable value creation in the hospitality and leisure sectors.
ABOUT EURAZEO
• Eurazeo is a leading European investment group with €36.8 billion in diversified assets under management, including €27 billion on behalf of institutional and retail clients through its private equity, private debt, real estate and infrastructure strategies. The Group supports more than 600 mid-market companies, leveraging the commitment of its 400-strong workforce, its in-depth sector expertise, its privileged access to global markets through 13 offices across Europe, Asia and the United States, and its responsible approach to value creation based on growth. The company's institutional and family shareholding structure, and its solid financial structure, ensure its long-term viability.
• Eurazeo has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg, Shanghai, Seoul, Singapore, Tokyo and São Paulo.
• Eurazeo is listed on Euronext Paris.
• ISIN: FR000121121 - Bloomberg: RF FP - Reuters: EURA.PA.
EURAZEO
66, rue Pierre Charron – 75008 Paris www.eurazeo.com
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EURAZEO CONTACT
Coralie Savin
GROUP CHIEF COMMUNICATIONS OFFICER csavin@eurazeo.com +33 (0)6 86 89 57 48
Pierre Bernardin
MANAGING DIRECTOR – HEAD OF INVESTOR RELATIONS ir@eurazeo.com
+33 (0)1 44 15 01 11
EURAZEO
66, rue Pierre Charron – 75008 Paris www.eurazeo.com
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PRESS CONTACT
Mael Evin (France) HAVAS mael.evin@havas.com +33 (0)6 44 12 14 91
David Sturken (UK) H/ADVISORS MAITLAND david.sturken@h-advisors.global
+44 (0) 7990 595 913