Media Release
Basel, 27 May 2014 – As a leading manufacturer and distributor of organic clean label starches, Blattmann Schweiz AG is investing in the Wädenswil (ZH) site and has signed a new rental agreement with HIAG Immobilien that runs until 2029. In doing so, Blattmann confirms its long-term occupancy of the production site.
In 2010, HIAG Immobilien took over the 11‘000 m² site in Wädenswil (ZH) on the shore of Lake Zurich. Blattmann has been producing at this special location for over 150 years. In 2012, Blattmann Schweiz AG was acquired by Fides Business Partner from the US-based Cargill Group. In order to adapt the location to current requirements, a common project for office space extension and building conversion was defined. At the beginning of 2014, offices of the adjacent administration building at Seestrasse 201 could be integrated into the main building. The rental agreement that originally ran until 2019 was adjusted to the new surface area requirements, and prolonged until 2029. "The measures now allow the best use of the building infrastructure. We are pleased that Blattmann Schweiz AG invests in its processes and remains firmly committed to the site", explains Ralf Küng, head of Portfolio Management at HIAG Immobilien.
Contact
Martin Durchschlag Chief Executive Officer T +41 61 606 55 28
| Laurent Spindler Chief Financial Officer T +41 61 606 55 23 |
HIAG Immobilien Holding AG
Aeschenplatz 7
4052 Basel
T +41 61 606 55 00