Founded in the late 1990s by the PONTEINS family, the CALICEO Group has become the French leader in water-based leisure activities. Operating six centers across France, the group welcomes nearly 3,000 visitors per day — around 1 million annually. The concept combines balneotherapy and spa services in a single location, with centers situated on large, easily accessible sites near major French cities. The facilities are designed with natural, high-quality materials. CALICEO has achieved steady growth of +12% per year since 2009. With the opening of its latest center in Bordeaux, the group now generates nearly €20 million in revenue with an EBITDA margin of around 25%
The founding family shareholders of France’s leading water-based leisure group have acquired the stake held by AZULIS CAPITAL, marking the fund’s exit. The PONTEINS family will continue to drive the group’s development, with plans to open new centers in Lille, Strasbourg, and the Greater Paris area, supporting the next phase of its growth.