Bloomberg News

Peugeot Close to Combining German Sites, Handelsblatt Reports

March 27, 2012

PSA Peugeot Citroen SA (UG) will probably decide to combine the German headquarters of Peugeot and Citroen in coming days, Handelsblatt reported, citing an unidentified person familiar with the matter.

Citroen’s German unit is based in Cologne while Peugeot’s operations in the country are based in Saarbruecken, the newspaper said in an e-mailed summary of an article to be published tomorrow.

The combined headquarters will be in Cologne, Handelsblatt said.

To contact the reporter on this story: Nicholas Comfort in Frankfurt at ncomfort1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net


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