| Success story

Moved their international headquarters from Germany to Basel

Location

Basel-Stadt

Industry

Chemicals

Employees

1,300

Country of origin

Germany

Cerdia has been a pioneer in cellulose acetate tow since 1912. The company serves the tobacco industry and develops innovative applications and processes to define the future of cellulose acetate. Cerdia was acquired by Blackstone in 2017.

In 2018, the international headquarters were moved from Germany to Basel. Today, Cerdia has an annual turnover of more than 600 million Swiss francs. 1,300 employees work for the company with hubs in France, Singapore, the US, Brazil and Russia.

We chose Basel for our new corporate headquarters to transform the culture of the company from here and make Cerdia more international. The Basel Area Business & Innovation team did a great job finding a wonderful location and supported us with the administrative part of the transition.

Phillippe RosierCEO of Cerdia

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