Construction giant ISG facing collapse as firm prepares for insolvency 

The industry giant has completed several projects across Ireland and acquired Dublin-headquartered construction specialists ESS Group in 2022

Also in 2022, ISG acquired a majority shareholding in Dublin-headquartered Kardomagh Holdings Ltd (ESS Group). Photographer: Chris Ratcliffe/Bloomberg

ISG, a UK-headquartered construction giant with a presence across Ireland, wider Europe and the Middle East is facing collapse, with the firm preparing to place much of its business into insolvency.

The firm employs more than 2,000 people and is one of the largest construction companies in the UK. It’s collapse would be the biggest casualty in the sector since Carillion went into liquidation in 2018.