A high-growth UK eCommerce firm which specialises in beauty devices is to relocate its headquarters to tech focussed co-working space Glasshouse at Manchester’s Alderley Park.
CurrentBody, which is backed by investors BGF and Merica Asset Management, reports it has doubled revenues year-on-year over the past five years.
To support its growth, it will take 5,300 sq. ft of office space at Glasshouse on a 10-year lease, joining firms working in AI, VR, digital animation and digital marketing.
Laurence Newman, CEO of CurrentBody, said: “We have been on an upward trajectory for a number of years now and to support our growth plans we need a workspace that will match our ambitions. Glasshouse at Alderley Park is that space, and we’re excited about the opportunities joining this vibrant business community will bring as we accelerate our growth plans.
“It is our mission is to be the leading online home for health and beauty technology and we want to offer the largest selection of safe, clinically-proven electrical health and beauty products in the world. To help us achieve this goal it makes sense to surround ourselves with like-minded pioneers in the health, life sciences and technology sectors, and we don’t think there’s any better place to achieve this than at Glasshouse.”
CurrentBody is the latest business to announce a move to Glasshouse following the completion of the £30m re-development in February 2020.
Glasshouse, which is part of Bruntwood SciTech’s £247m investment in Alderley Park, is already home to companies including Lokulus, Venn Digital, Elixir Software and Chaucer.