The Board of Directors of the management company of Le Freeport Luxembourg met at its corporate office on 8 December 2016 and acknowledged that the Natural Le Coultre Luxembourg Group and David Arendt, its General Manager, mutually agreed to part ways effective 31 December 2016.
The Board thanked David Arendt for his commitment since the inception of the Freeport. Mr Arendt oversaw the construction and entry into service of this unique, high-tech real estate project. Against a difficult international economic environment, Mr Arendt dynamically developed and marketed Le Freeport Luxembourg, which constitutes a major asset in the national political endeavor to turn Luxembourg into an important logistics hub.
