Dyson moves to Singapore from UK before Brexit

The British technology industry has long been a source of pride, but household appliance maker Dyson announced Tuesday the transfer of its headquarters from the United Kingdom to Singapore.

Better known for its vacuums and its heating and cooling devices, Dyson is looking more and more towards the production of electric vehicles. Last October announced plans to build an EV manufacturing plant in Singaporebut now a large part of the company's management team is appearing and the whole of its head office is doing the same.

In a press release in which Dyson announced for the first time that its profits reached 1 billion pounds ($ 1.3 billion), a growing number of customers and all of its manufacturing activities are now based in Asia.

Dyson was criticized for making the decision to transfer its head office out of the UK just two months before Brexit by UK parliamentarians, including: David Lammy, Labor MP and Jam Demie, Liberal MP and Labor peer Andrew Adonis. The founder and owner of the company, James Dyson, has clearly expressed his support for the UK leaving the European Union. However, even if the Brexit seems to have the wind in its sails, its headquarters will not stay in the area.

James Dyson did not comment on the move, but company president Jim Rowan said Dyson "was meeting the growing demand for Dyson products in Asia." The company will continue to invest in its facilities across the UK (in Malmesbury – the base of its current headquarters – as well as in Bristol and London), as well as the construction of new laboratories for the development of the robotic and the pursuit of its energy storage. research.