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10 February 2021
Heidelberg Sell Print Media Academy
HEIDELBERG , GERMANY—
The Print Media Academy, once the centre of the Heidelberg Empire
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Heidelberg has sold its landmark Print Media Academy building as part of its ongoing series of asset sales and disposals. The Print Media Academy was a high-profile project and was built to mark Heidelberg’s 150th anniversary. It was officially opened in April 2000 by Germany’s federal chancellor Gerhard Schröder. Heidelberg is selling the building to a Luxembourg investment company for an amount in the double-digit million euro.
Inside of Heidelberg's Print Media Academy
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Since 2019 Heidelberg has sold its CERM narrow web MIS business, agreed a joint venture production deal in China with Masterwork Machinery, sold its Belgian production site to Druck Chemie; and sold off part of its Wiesloch/Walldorf site for redevelopment. Heidelberg has already relocated most of the staff worked in the city of Heidelberg to its Wiesloch/Walldorf facility.
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