IWG plc
IWG plc, formerly Regus, is a British holding company. It provides serviced offices under several brand-names, including Regus. It was started in Brussels, Belgium, by Mark Dixon in 1989. It is registered in Saint Helier, Jersey, and has its head office in Zug, Switzerland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
| Company type | Public |
|---|---|
| Industry | Industrial services |
| Founded | 1989, Brussels, Belgium |
| Headquarters |
|
Key people | Douglas Sutherland, Chairman Mark Dixon, CEO |
| Products | serviced offices |
| Revenue | £2,751 million (2022) |
| £147 million (2022) | |
| £(120) million (2022) | |
| Website | iwgplc |
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.
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