LG Moves European HQ to Germany

In April last year, LG Electronics announced that it would move its existing European Headquarters from London to Germany (LG Relocates from UK to Germany). This was based on LG’s belief that Germany offered substantial growth opportunities as well as a strong consumer market in the areas of digital signage, solar, lighting and automotive. Well, now LG has announced that it has opened its headquarters to Eschborn-Süd, not far from the area Frankfurt am Main. The team remaining in London, will continue their support for UK and Ireland..

Analyst Comment

Ah, that’s just down the road from Samsung Electronics and Samsung Display. BEO is also has an office in Eschborn. That should mean plenty of Korean cuisine! However, it is well away from the LG Germany office which is near Düsseldorf. (BR)