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I am happy to share with you today that the holding company of Jarltech Europe GmbH has acquired an additional property in Usingen, the former "Usingen Factory" of Zumtobel Lighting GmbH. That means Jarltech Europe acquires 30,000 square meters more space. On the property there is 12,000 square meters of logistics hall space and roughly 2,000 square meters of office space, meaning a fourfold capacity increase.

Here too we are as fast as always: starting tonight the Jarltech lettering over the property will be lit, and renovation work has also already begun. Before the year’s end the new premises will be equipped with the most modern telecommunications infrastructure, and a connection to the existing Jarltech premises. The new property has its own gas turbine, which will soon be supplemented by large-scale solar panels.

We are especially proud to broadly expand our refitting services department (staging) and our technical support in the future. Thanks to the new warehouse materials handling technology, package delivery is also accelerating. Let's tackle it!

The entrance area is being largely designed by Städel professor Tobias Rehberger, laureate of the Goetheplakette of the city of Frankfurt, as well as winner of the Golden Lion of the Biennale di Venezia, among other things, with an extensive neon installation.

My sincere thanks to Zumtobel for the uncomplicated and pragmatic negotiations, which have allowed us to take action quickly. Jarltech is delighted about this gigantic expansion, which we are opening with a great celebration at the end of the year with all the employees from Europe.