The 20-year-old returned to Compton Park from his season-long loan at Blackpool earlier this month to have an injury assessed, but is now set to continue his development with the 2. Bundesliga outfit.
Corbeanu, who signed a new four-year contract with Wolves in the summer, impressed during the first half of the campaign with the Seasiders, netting three times in 17 appearances.
With loan spells at Sheffield Wednesday and MK Dons also under his belt, the Canadian international will embark on his fourth stint away from Wolves since joining the academy in 2018.
Arminia Bielefeld are currently competing in the second tier of German football having suffered relegation from the Bundesliga last time out. Daniel Scherning’s side are placed 16th in the 2. Bundesliga table and return to league action at the end of the month with a home fixture against Sandhausen.
Wolves’ strategic player marketing manager, Matt Jackson, believes Corbeanu will only benefit from his first spell outside of England since arriving at the club, while he has also praised the attacker for his willingness to take on the challenge over in Germany.
“This will be another excellent experience as part of Theo’s development,” Jackson said. “He’s really keen as a young player to take in as much football experience as he can.
“He’s now had multiple clubs in two different divisions for us over here and wants to try football on the continent. We really like the fact that he wants to experience as much as possible, learn at every available opportunity and move forward in his professional football career.
“It will certainly be different culturally in Germany, although he’ll get great support. The infrastructure in Bundesliga 2 is excellent, Arminia are a big club and get big crowds. They’re not in the greatest of league positions and I like the fact that Theo’s willing to embrace that challenge and pressure.
“Blackpool was very good because it gave him that exposure to the Championship for the first time and he knows he can affect that with his offensive play. He now also understands the responsibilities of the defensive side of his game as well.
“We think with him going to Arminia, the coaching he’ll receive and Steve Davis being the link to the club, he can develop into the player that we know he can be.”