10 February 2021
Heidelberg Sell Print Media Academy
HEIDELBERG , GERMANY—
 
The Print Media Academy, once the centre of the Heidelberg Empire
The Print Media Academy, once the centre of the Heidelberg Empire
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
Inside of Heidelberg's Print Media Academy
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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