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PRODUCT NEWS
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| Austrian medical spa operator Lanserhof acquires Grayshott Spa |
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| 16 Aug 2017 . BY Tom Walker |
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| Lanserhof and L&RP will acquire a 50 per cent stake in Grayshott Spa
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The historic Grayshott Spa in Surrey has been acquired by Austria-based health and medical resort specialists the Lanserhof Group.
The family-run Lanserhof, which owns spas in Austria and Germany, has teamed up with real estate agency London and Regional Properties (L&RP) to purchase Grayshott as part of a joint venture.
No financials have been revealed for the deal, but both Lanserhof and L&RP will acquire a 50 per cent stake in the business.
With 59 rooms and 36 treatment rooms, Grayshott spa already offers health-based wellness programmes – ranging from those targeting the digestive system, weight loss and regeneration following injuries or illnesses.
Following the deal, Grayshott Health Spa will continue to operate under its old name. Lanserhof Group plans, however, to refurbish and focus on the spa’s medical wellness offering.
The acquisition is part of Lanserhof’s long-held aim of entering the UK market.
In an interview with Spa Business in April, Lanserhof’s CMO Nils Behrens revealed that the UK was next on their expansion “hit list”, adding to its existing portfolio of clinics in Lans, Austria; Tegernsee and Medicum in Germany, and the forthcoming location in Sylt, Germany.
Dr. Christian Harisch, managing director of Lanserhof Group, said: "The Lanserhof is very happy to have found the ideal partner with London + Regional Properties.
“We would like to supplement the existing Grayshott Health Spa offer and develop it as the first address for FX Mayr medicine in England. In the coming months, however, the necessary prerequisites will be created both on the side of the building and, above all, on the medical level."
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