Tuesday, May 24, 2011

LANXESS to relocate to Cologne

 Specialty chemicals group LANXESS has found a new home in Cologne. The company will transfer its corporate headquarters from Leverkusen to the former Lufthansa headquarters on Deutzer Freiheit in the second half of 2013. This means that LANXESS will in the future steer its global business from Cologne. The contracts with the owner, Kennedy-Ufer-K√∂ln GmbH & Co. KG, and the project developer, HOCHTIEF Projektentwicklung GmbH, have already been signed. LANXESS will rent the building measuring around 100 meters in height.

"We have found an ideal location for LANXESS in Cologne, and are really looking forward to moving to our new home city," said Axel C. Heitmann, Chairman of the Board of Management of LANXESS AG, at this year’s Annual Stockholders’ Meeting. Cologne, continued Heitmann, not only has an infrastructure unique in North Rhine-Westphalia with excellent transport connections, it is also a renowned academic and research center and, as such, an enormous attraction for top talent. “The high cost-efficiency of the new company headquarters and the benefits of Cologne as a location will assist us in our course of growth.”

More than 1,000 employees will move to their new offices in the Deutz area of Cologne in 2013. “The building is currently being completely modernized. It will then become one of the most energy-efficient buildings in Germany,” stated Heitmann. The new company headquarters will bring almost all management functions under one roof. The 22-storey office building has a leased area of around 38,000 square meters.


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