Posted on May 15, 2017 by staff

US medtech firm Stryker expands into Manchester


US-headquartered medical technology business Stryker has opened an office in Didsbury, South Manchester to accommodate a recent acquisition.

The Fortune 500-listed Stryker Corporation has its UK headquarters in Newbury, Berkshire and has now set up another UK base in Towers.

This is partly to make room for its recent acquisition of medical imaging company Imorphics, which will also move to Didsbury from its previous home at Manchester Science Park.

Stryker will take up a 3,850 sq ft office at Towers Business Park, which was acquired for £82m by listed property company Kennedy Wilson Europe in May 2016.

“Stryker’s choice of the Towers illustrates how appealing the quality of offices, as well as the location and connectivity for businesses,” said Kennedy Wilson Europe’s head of UK asset management, Mike Pegler.

“Towers is currently implementing a health and wellbeing programme of events for tenants, with a focus on building a community and increasing tenant engagement and productivity.”

The firm will share Towers’ 289,100 sq ft estate, which is currently home to 10 offices let to 24 businesses.

The deal puts the business park at 98 per cent capacity, with a final 6,500 sq ft currently vacant.