Glaxo unveils plans for £120m consumer healhcare HQ ahead of split

GlaxoSmithKline on Monday unveiled plans for a new £120m base for its consumer healthcare operations as it prepares to split into two listed firms.

Around 800 staff in the new firm will relocate to a yet-to-be-constructed building, including research facilities, in Weybridge, southwest of London, from the end of 2024. It will eventually house 1,400 workers.

Staff will first relocate from Glaxo’s current corporate headquarters in Brentford, west London, to temporary facilities in Weybridge when the split takes place in mid-2022.

The business is a joint venture with Pfizer, which counts brands such as Sensodyne and Aquafresh toothpastes and Panadol painkillers among its product range.

Glaxo added that it would be selling the Brentford site, with the remaining pharmaceuticals and vaccines staff relocating in the same area, but not until at least the end of 2023.

Related Articles

Sign up to the Wealth DFM Newsletter

Name

Trending Articles

Wealth DFM Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

Wealth DFM Talk Podcast – listen to the latest episode