The Spanish multinational AIRE Ancient Baths, a global leader in the management of relaxation centers, and Khemia, a firm specialized in taking minority stakes in companies with leadership positions and growth potential, have announced the signing of an agreement that brings Khemia on board as a minority shareholder of AIRE Ancient Baths.
International Expansion Plan with High Value-Creation Potential
AIRE Ancient Baths is developing a Strategic Plan for international growth that will further strengthen its current leadership position in the relaxation center sector. The company currently operates a network of centers across Europe and North America.
The company’s growth strategy is based on the gradual opening of new centers in selected international markets, leveraging a solid and proven business model. The addition of Khemia as a partner will allow the company to accelerate its international growth plan by incorporating a highly reputable investor.
“Our goal is to accelerate our international growth. We want to take full advantage of the opportunities the market offers,” said Amadeo Serra, CEO of AIRE Ancient Baths. “The incorporation of Khemia as a shareholder allows us to strengthen our capital structure and approach the next phase of growth with a solid financial position. Khemia is long-term capital aligned with our vision, fully supporting our strategy and providing a solution perfectly tailored to our needs.”
For his part, Tomás de Heredia, CEO of Khemia, emphasized that “AIRE Ancient Baths is a unique asset. It is a global leader in its sector, with a very strong competitive position, significant growth potential, and outstanding value-creation capacity.” He added, “We are very pleased to support AIRE Ancient Baths in its growth plan and to drive value creation for all its stakeholders.”
A Unique Company in Its Sector
Founded in 2001, AIRE Ancient Baths is the international benchmark in the relaxation center sector. It currently operates an international network of 10 centers across 9 cities, offering experiences based on water circuits and body treatments. The company employs over 1,100 people and serves hundreds of thousands of clients each year.
About AIRE Ancient Baths
An international company dedicated to relaxation of the body and mind, using water as its main element, AIRE Ancient Baths was founded in 2001 in Seville. AIRE centers are always located in iconic, restored, and rehabilitated buildings, respecting their essence and structural integrity.
www.beaire.com
About Khemia
Khemia is an investment firm with a unique philosophy in the market. Its value proposition is differentiated: the entrepreneur and management team lead the company’s operations and execute the strategic plan. Khemia positions itself as the best minority capital solution for companies.
www.khemia.es
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