Brief: Heidelberger Druckmaschinen Strengthens Gallus Sites

Heidelberger Druckmaschinen AG

05/04/2022 09:06

April 5 (Reuters) - HEIDELBERGER DRUCKMASCHINEN AG
 HDDG.DE :
    * HEIDELBERG FOCUSES ON GROWING LABEL MARKET AND STRENGTHENS
GALLUS SITES
    * REORGANIZATION OF SITE LEADS TO SALE OF AREA IN ST. GALLEN
TO
BAUMER ENTREPRENEURS WITH GALLUS AS ANCHOR TENANT
    * ST. GALLEN TO BE EXPANDED INTO DIGITAL COMPETENCE CENTER
    * AS PART OF THE REORGANIZATION OF THE SITE, ST. GALLEN
ENTREPRENEURS MARCEL AND ROGER BAUMER WILL TAKE OVER THE ENTIRE
AREA IN ST. GALLEN WITH AROUND 20,000 SQM ON APRIL 1, 2022
    * EXPECTS THE TRANSACTION TO BE COMPLETED IN THE FIRST
QUARTER OF
THE 2022/23 FINANCIAL YEAR
    * PARTIES HAVE AGREED NOT TO DISCLOSE THE PURCHASE PRICE

Further company coverage:  HDDG.DE 

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