Mandara spa

Mandara Spa is a global spa management company founded in Bali and now under the company Steiner Leisure Limited, publicly listed in Nasdaq (STNR).Steiner was purchased in 2016 by private equity firm Catterton.

The name Mandara comes from an ancient Sanskrit legend about the gods' quest to find the elixir of immortality and eternal youth. Mandara Spa has embraced this legend with unique and exotic spa treatments and rituals that reflect the beauty, spirit and traditions of ancient, mystical times.

Founded in Bali, Indonesia in 1996 by Thomas Gottlieb and John Pritzker, Mandara Spa was one of the pioneers of the tropical Asian spa experience. The first Mandara Spa opened in May 1996 at The Chedi (now Alila Ubud) in Ubud, Bali. In 1998, it began operating in Malaysia and the following year, in 1999, it expanded into the Maldives and Thailand. In 1998, Mandara Spa formed the US based division, headquartered in Hawaii, to develop spas outside of Asia.

Mandara Spa ceased to be a 100% privately owned company in 2000, when Shiseido Co. of Japan bought a 40% stake in its worldwide operations. In 2001, the remaining 60% of shares were sold to Steiner Leisure Limited, a Nasdaq (STNR) listed company.

In December 2002 Steiner Leisure Limited became the sole owner of Mandara Spa after acquiring the 40% equity interests from Shiseido. http://www.steinerleisure.com Steiner Leisure Limited] is a global provider of spa services and operations, a manufacturer and distributor of premium skin, body and hair care products and an accredited educator teaching students the skills necessary to be a spa professional, including massage, skincare and spa management. Steiner Leisure's Maritime and Resort Spa divisions operate in over 175 venues on land and at sea. Mandara Spa now operates as a wholly owned subsidiary of Steiner Leisure, with Jeff Matthews as President and Chief Operating Officer of its Asian, and middle eastern region and Bruce Pine, Senior Vice-President and Chief Operating Officer, Land based spas, in all other regions.

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