Correct. PUMA was founded by Rudolf Dassler - the brother of Adidas founder Adolf Dassler - but the company was initially named RUDA. The Dassler brothers originally co-owned the Dassler Brothers Shoes Factory in Herzogenaurach, but after 'falling out' they created their own companies (1948-1949) and kept the location of their companies in Herzogenaurach. Present day, the headquarters of PUMA are located at: PUMA Way 1, 91074 Herzogenaurach, Germany. The PUMA company currently supplies products to more than 120 countries, and employs more than 10,000 employees across the globe.
PUMA recently expanded the size of their headquarters, and built a pedestrian bridge across the Hans-Ort-Ring to connect the expansion to PUMA Way 1. The new administrative building will provide space for over 500 employees, and has over 13,000 square meters of office space. Bavarian State Minister Dr. Markus Söder was 'glowing' about PUMA's loyalty to remaining in Herzogenaurach, he was quoted as saying: By expanding their headquarters and continuing investments into the region, PUMA once again proves its historic close links with Herzogenaurach and the region of Middle Franconia.