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Concurrent Technologies Revises Plans for Headquarters, Manufacturing Site

MT Newswires·12/23/2025 05:51:39
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05:51 AM EST, 12/23/2025 (MT Newswires) -- Concurrent Technologies (CNC.L) secured a 10-year lease for 14,800 square feet of space in a property next to its facility in Colchester, England, where it intends to relocate its office-based staff. The move will free up space within the existing 19,000 square feet at the current site for additional manufacturing capacity, according to a Tuesday filing. The British high-performance embedded computer systems manufacturer also agreed the terms for a new 10-year lease at the said site. Concurrent said the move replaces its original plan of moving its Colchester-based headquarters and UK manufacturing facilities after "substantive delays" to planning consent prevented this option from progressing.