Lanxess to relocate to Cologne

ERJ staff report (LMH)

Leverkusen - Speciality chemicals group Lanxess has found a new home in Cologne and will transfer its corporate headquarters there in 2013, the company said in an 18 May statement.

The company will move from Leverkusen to the former Lufthansa headquarters on Deutzer Freiheit in Cologne in the second half of 2013. This means that Lanxess will in the future steer its global business from Cologne.

The chemicals group noted that contracts with the owner, Kennedy-Ufer-Köln GmbH & Co. KG, and the project developer, Hochtief Projektentwicklung GmbH, have already been signed. LANXESS will rent the building measuring around 100 metres 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 Heitmann, chairman Lanxess's management board at the group's Annual Stockholders' Meeting held on 18 May in the Lanxess arena.

Heitmann also said that Cologne not only has an infrastructure unique in North Rhine-Westphalia with excellent transport connections but that it is also a renowned academic and research centre and, as such, an enormous attraction for top talent.

He added, “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 1000 employees will move to their new offices in the Deutz area of Cologne in 2013. “The building is currently being completely modernised. 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 metres.

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Press release from Lanxess