Frida Escobedo’s Serpentine Pavilion may have closed last weekend in London’s Kensington Gardens, but a buyer has come forward to display it elsewhere. The Therme Group, a Vienna-based technology company which develops thermal spa facilities, was a sponsor of the Mexican architect’s commission for the Serpentine Galleries this summer (15 June-7 October) and has now acquired it for an undisclosed sum.

Structure will be re-installed as part of Therme Group’s art and architecture initiative.