 The Grüneburgpark was established in 1880 on the larger western part of the site.IG Farben acquired the property in 1927 to establish its headquarters there.In the 1920s, IG Farben (full German name "Interessengemeinschaft Farbenindustrie Aktiengesellschaft" or 'Dye Industry Interest Group Limited') was the world's largest drug, chemical and dye conglomerate.