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21 December 2021
Heidelberg Sells More Of Main Manufacturing Site
WIESLOCH-WALLDORF, GERMANY—
Heidelberg has sold another 80,000sqm of space at its main manufacturing plant in Germany to specialist developer VGP Group. Heidelberg had already sold around 130,000sqm a year ago to VGP, which will turn the space into a new industrial and commercial park. The total areas of Heidelberg and VGP at the site will be combined to form the new HEI-TECH industrial park, the first construction measures of which are scheduled to take place as early as next year.
"We are delighted to be able to take the next step in the development of our HEI-TECH industrial park in Wiesloch-Walldorf with VGP," said Heidelberg CEO Rainer Hundsdörfer, who is stepping down next April. “For us, it is crucial that new, forward-looking developments are now being created quickly and visibly in our industrial park with modern commercial and industrial uses – with qualified, good jobs for people in the region and synergies with Heidelberg's capabilities. “The industrial park is another component of our successful transformation into a technology company. In addition, more efficient use of space at Heidelberg will save us considerable costs in the future.” VGP is headquartered in Belgium and operates 94 industrial parks across 12 European countries.
Heidelberg's largest manufacturing plant in Wiesloch-Walldorf Germany
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Out going Heidelberg CEO Rainer Hundsdorfer
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