Verdion has agreed a deal with global water technology company Xylem to develop a research and production facility for water analysis equipment at a site in Weilheim, Southern Germany. The company has acquired a 290,628ft² plot in the new Achalaich industrial park in Weilheim in Upper Bavaria from the City of Weilheim. The total investment volume in the project amounts to over €20m.
The property with a total GLA of 141,640ft² will consist of four elements: a production plant, in which measuring instruments, sensors and accessories are to be manufactured; a distribution centre; a research laboratory; offices and community space. Xylem has signed a 15-year lease for the facility.
Construction for Xylem is expected to start at the end of this or the beginning of next year. Weilheim is located about 50 km southwest of Munich, near Lake Ammer and Lake Starnberg. The Achalaich industrial estate is connected to the B2, Germany's longest federal highway, which connects Berlin via Munich with Garmisch-Partenkirchen.
"The new property enables us to significantly modernise and increase efficiency as well as realise growth opportunities," said Ulrich Schwab, Managing Director of Xylem’s analytics business in Germany.
"We were very pleased to present Xylem with a compelling, tailor-made concept for this versatile new location," said Andre Banschus, Managing Director of Verdion Germany. "Another decisive factor was our expertise in the light industrial sector.”