{"id":62550,"date":"2023-08-29T08:30:00","date_gmt":"2023-08-29T06:30:00","guid":{"rendered":"https:\/\/www.immo-invest.ch\/?p=62550"},"modified":"2023-08-28T09:38:25","modified_gmt":"2023-08-28T07:38:25","slug":"getec-uebernimmt-life-science-park-rheintal-von-novartis","status":"publish","type":"post","link":"https:\/\/www.immo-invest.ch\/en\/getec-uebernimmt-life-science-park-rheintal-von-novartis\/","title":{"rendered":"GETEC takes over Rhine Valley Life Science Park from Novartis"},"content":{"rendered":"

The pharmaceutical group Novartis<\/a> is handing over the further development of the Rhine Valley Life Science Park in Stein to the energy service provider and industrial park operator GETEC<\/a>, based in Muttenz BL. According to a Novartis media release<\/a>, the aim is to maximise the economic potential of the park and develop it professionally. Financial details of this transaction were not disclosed. The transfer of all assets is expected to be completed by the end of 2023.<\/p>\n

Novartis will retain the site as its largest tenant and will continue to manufacture medicines and therapies there. The company operates a manufacturing plant in Stein for solid dosage forms and drugs for injection, cell and gene therapies, as well as a milling and mixing centre for chemical manufacturing.<\/p>\n

“After a detailed analysis, Novartis has come to the conclusion that transferring the management of the Rhine Valley Life Science Park to a professional industrial park operator can better maximise and develop the economic potential of the site and facilitate the settlement of new companies,” Steffen Lang, President Operations and member of the Novartis Executive Board, is quoted as saying. In return, Novartis can better focus on its core business.<\/p>\n

GETEC belongs to the GETEC Group<\/a>, which is based in Magdeburg in the German state of Saxony-Anhalt. The group is also active in the Netherlands and Italy. In Switzerland, it also operates the 50-hectare industrial site in Muttenz.<\/p>\n

The Canton of Aargau’s location promotion<\/a> department welcomes the change of ownership in the Sisslerfeld area, a strategic development focus for the canton: “The Sisslerfeld has great potential for high value-added businesses and thus for significantly more jobs,” says the head of location promotion, Verena Rohrer. “The transfer to GETEC enables us to jointly attract further, innovative companies to the greater Sisslerfeld area that can cooperate with each other.”<\/p>\n","protected":false},"excerpt":{"rendered":"

GETEC acquires the Rhine Valley Life Science Park in Stein from Novartis. With this move, the energy service provider and operator of industrial parks is significantly expanding its expertise for the chemical and pharmaceutical industries. Novartis remains the park’s largest tenant.<\/p>\n","protected":false},"author":2,"featured_media":33934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[22697,12476],"tags":[12862,15458,19688,14826,41761,41762],"class_list":["post-62550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","category-immonews","tag-chemie-en","tag-energiedienstleister-en","tag-industriepark-en","tag-lifesciences-en","tag-pharmaindustrie-en","tag-stadtfoerderung-en","pmpro-has-access"],"acf":{"bild_mit_ki_erstellt_worden":[],"lead":"GETEC acquires the Rhine Valley Life Science Park in Stein from Novartis. With this move, the energy service provider and operator of industrial parks is significantly expanding its expertise for the chemical and pharmaceutical industries. Novartis remains the park's largest tenant.","autor":"ce\/mm","ort":"Stein AG\/Muttenz BL","bildunterschrift":"","bild_im_grid":false,"gallerie":"","newsim":""},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t