Electronics giant Panasonic has announced plans to move its European headquarters from Bracknell to Amsterdam in October in move triggered by Brexit-related tax issues.
The Japanese firm agreed to take 41,000 sq ft across the ground and first floors of Hines’ Maxis 2 in Bracknell establishing the offices as its new headquarters in January. Laurent Abadie, chief executive of Panasonic Europe, has now confirmed that investor relations staff will remain at Maxis but staff from the auditing and financial operations departments will be moved to a new office in the Netherlands. Panasonic’s European business functions are further split among bases in Germany and Spain.
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