Canon UK&I has announced the relocation of its head office in Reigate to Stockley Park.
The company sought to “address efficiency improvements,” adding that the move “will have significant over capacity for future requirements.”
Canon UK&I MD Yusuke Mizoguchi said: “Given that the EMEA HQ has been based in the UK for many years, it makes strategic sense to seek out opportunities to create a more streamlined operation whilst increasing our overall competitiveness.
“Having a joint location will enable us to look for opportunities to share resources and run a more efficient organisation which will also create some broader group opportunities for some of our UK employees.”
Reigate MP Crispin Blunt expressed concern over the relocation: “This will result in the relocation or redundancy of 450 staff from Reigate within the next 12 months.”
“In many ways, Canon has been a model employer which has not only contributed to local employment, but has also had a very positive approach to its local corporate social responsibility commitments,” he added.