IWG plc
British holding company / From Wikipedia, the free encyclopedia
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IWG plc, formerly Regus, is a British holding company.[2] It provides serviced offices under several brand-names, including Regus.[3] It was started in Brussels, Belgium, by Mark Dixon in 1989.[4] It is registered in Saint Helier, Jersey, and has its head office in Zug, Switzerland.[3] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[5]
Quick Facts Company type, Traded as ...
Company type | Public |
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Industry | Industrial services |
Founded | 1989, Brussels, Belgium |
Headquarters |
|
Key people | Douglas Sutherland, Chairman Mark Dixon, CEO |
Products | serviced offices |
Revenue | £2,958 million (2023)[1] |
£145 million (2023)[1] | |
£(216) million (2023)[1] | |
Website | iwgplc |
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In 2020 the company was in difficulty, and filed for bankruptcy for 97 entities connected to Regus and to its co-working brand Spaces. However, it was expected to break even in 2023 after three years of losses.