LANXESS to move group headquarters to Cologne
German speciality chemicals company LANXESS plans to move its headquarters from Leverkusen to Cologne. Relocation is to be completed by 2011 and the company will now begin discussions to identify possible sites.
German speciality chemicals company LANXESS plans to move its headquarters from Leverkusen to Cologne. Relocation is to be completed by 2011 and the company will now begin discussions to identify possible sites.
Current planning is for around 500 of the some 8,000 LANXESS employees in Germany to relocate to the new building.
Key management functions at LANXESS are currently located in a number of buildings throughout the Leverkusen Chempark, and the capacities for suitable office space and parking are exhausted. These management functions are to be consolidated under one roof at the new group headquarters building which, as well as providing sufficient space and ease of access, is to incorporate an innovative and effective office concept.
"LANXESS is today a well-positioned and globally successful enterprise. If we are to continue efficiently steering and supporting our growth course in the future, we need a group headquarters building that provides us with optimal conditions," explained Axel C. Heitmann, chairman of the board of management.
"Leverkusen will remain our biggest and most important production location worldwide with the most employees," he added. "We will maintain our high level of commitment here in the future as well. Alone this year and next we will be investing around Euro 200m at the site."
Following the move, the company will also continue to use the building that now houses its headquarters at the Leverkusen Chempark.
