Modern light production facility in Slovakia owned by ICU Medical sold to a local company – EuropaProperty

The departure of ICU Medical from the manufacturing complex in the southwestern Slovak city of Vráble, made a modern light–industrial facility available for sale on a vacant possession basis. The complex consists of a facility with a gross usable area of 7,000 sqm and 3 ha of available land for further development.

The new owner, Slovak company Tesgal, provides surface treatments of metal parts used mostly in the automotive and consumer industries.

Marián Ország, Managing Director Tesgal, said: “The property offers a large scale of benefits such as modern high quality premises and also its location in the established industrial zone with a connection to the R1 highway. I want to thank JLL team for their highly professional and prompt approach to this deal. It is the ideal solution for our company.”

The sale of the property was concluded within nine months by the Industrial Agency team from JLL Slovakia, which was instructed to advise ICU Medical on the sale of the production plant last year.

“This transaction underlines that current demand in Slovakia is not only focused on the large industrial parks – portfolio products, but investors also see attractive opportunities in single-tenant stand-alone units located in the Slovak regions,” added Samuel Šporka, Head of Industrial Agency JLL Slovakia.

The facility is located in the industrial zone in the northern part of Vráble city, Nitra region, with a good connection to the R1 highway. The industrial zone already accommodates production companies such as Kongsberg Automotive, CESAM, Pall Slovakia, Semecs and others. The production plant was established in 2010 for a California-based company, ICU Medical, which develops, manufactures and sells innovative medical technologies used in vascular therapy, oncology and critical care applications.