technotrans lays the foundation for further growth
technotrans acquires neighboring property in Sassenberg
Advertisement
Greater capacity for anticipated growth: technotrans has signed the purchase agreement for an approximately 13,000-square-meter property at Porschestraße 4 in Sassenberg. The site is directly adjacent to the technotrans headquarters and is slated to house new production and logistics facilities in the future.
“With the acquisition of this property, we are creating an ideal basis for expanding our capacities,” says Michael Finger, CEO of technotrans SE. “The Sassenberg location is our group-wide competence center for the rapidly growing Energy Management focus market, which also encompasses technologically sophisticated liquid cooling solutions for data centers.” Thanks to its proximity to the headquarters, technotrans ensures close integration of research, development, and production enabling particularly high efficiency in order processing and in the implementation of new projects.
Currently, the site includes an existing warehouse as well as extensive open areas. Until construction of the new facilities begins — plans for which are set to start shortly — technotrans is considering using the property temporarily as a logistics area. From the planning phase to the groundbreaking and completion of the new buildings, the entire construction process is expected to take approximately one and a half to two years.
“The acquisition of this property is a strategically major step for technotrans. It gives us the necessary space to expand our capacities in a key sector that is crucial to the future of our company,” emphasizes Michael Finger. “With this investment, we are not only strengthening our competitiveness but also making an important contribution to the sustainable development of the Sassenberg site.”
Other news from the department business & finance
Most read news
More news from our other portals
Last viewed contents
Bel innovates and launches its first range of cheese alternatives - Containing animal-free dairy proteins, in partnership with Perfect Day
Kellogg's finds the fiber gap is real - Most Americans want a fiber-rich breakfast but few choose one
Tomato coatings improve the conservation of pork - Gelatine coatings delay the oxidation process of the product during storage
Meati Foods Secures $150M in Series C Funding to Expand Operations and Accelerate Production of Whole-Food, Mushroom-Root Meats - Support from investors including Revolution Growth and Chipotle's Cultivate Next fund will support rapid retail expansion, development of product and Giga Ranch production facility
Molson Coors invests $65 million to grow its capabilities and increase its in-house hard seltzer production
