Construction News
30/03/2022
ISG Invests In ESS Group
ISG has acquired a majority shareholding in ESS Group.
The investment underpins ESS Group's ambitious growth strategy, and further enhances ISG's leadership role transforming the construction industry through smart innovation and pioneering delivery approaches and methodologies.
Founded in 1989, the ESS Group employs more than 280 staff based in four offices and three manufacturing facilities across the UK and Ireland. The Group, which includes the ESS Modular and Spatial Initiative brands, specialises in delivering MMC solutions for clients in the public sector, healthcare and commercial markets.
The financial strength and backing of the ISG business will enable the independently operating ESS Group to support its ambitious growth plans across the UK and Ireland, with a core focus on generating increasing opportunity across current and target public sector frameworks. The acquisition brings additional MMC capability and expertise to the wider ISG business, while maintaining the firm’s agile and responsive approach to client-led demand for innovative construction solutions.
Paul Tierney, CEO at ESS said: "The ISG investment is a pivotal moment for the ESS Group, giving us a solid financial platform for our continued growth plans. We passionately believe in a better way and have been working for the last 30 years to bring our high-quality offering to clients. We are looking forward to what we are sure will be an exciting time for the industry as we see MMC continue to transform customer outcomes and expectations in the drive towards a net zero future."
Matt Blowers, CEO of ISG, commented: "Greater integration and collaboration are two ways that our industry can accelerate its performance to meet the growing demand for net zero construction solutions. The ESS Group brings a wealth of expertise, talent and innovation into ISG and enables us to collectively fast-track our journey developing and implementing leading-edge built solutions that are rooted in operational performance and the highest sustainable and ethical outcomes."
The investment underpins ESS Group's ambitious growth strategy, and further enhances ISG's leadership role transforming the construction industry through smart innovation and pioneering delivery approaches and methodologies.
Founded in 1989, the ESS Group employs more than 280 staff based in four offices and three manufacturing facilities across the UK and Ireland. The Group, which includes the ESS Modular and Spatial Initiative brands, specialises in delivering MMC solutions for clients in the public sector, healthcare and commercial markets.
The financial strength and backing of the ISG business will enable the independently operating ESS Group to support its ambitious growth plans across the UK and Ireland, with a core focus on generating increasing opportunity across current and target public sector frameworks. The acquisition brings additional MMC capability and expertise to the wider ISG business, while maintaining the firm’s agile and responsive approach to client-led demand for innovative construction solutions.
Paul Tierney, CEO at ESS said: "The ISG investment is a pivotal moment for the ESS Group, giving us a solid financial platform for our continued growth plans. We passionately believe in a better way and have been working for the last 30 years to bring our high-quality offering to clients. We are looking forward to what we are sure will be an exciting time for the industry as we see MMC continue to transform customer outcomes and expectations in the drive towards a net zero future."
Matt Blowers, CEO of ISG, commented: "Greater integration and collaboration are two ways that our industry can accelerate its performance to meet the growing demand for net zero construction solutions. The ESS Group brings a wealth of expertise, talent and innovation into ISG and enables us to collectively fast-track our journey developing and implementing leading-edge built solutions that are rooted in operational performance and the highest sustainable and ethical outcomes."
29/01/2025
Caddick Construction has been awarded a £43 million contract to deliver the first phase of Cole Waterhouse's flagship regeneration scheme in Digbeth, Birmingham.
The project, known as Upper Trinity Street, marks a significant step in the area’s transformation.
Spanning 182,986 square feet, the re
29/01/2025
McLaren Construction has been appointed by O&H Properties to deliver the first phase of a £60 million Foster & Partners-designed development at the corner of New Bond Street and Grafton Street in London’s West End.
The seven-storey, 5,400 square metre prime retail and office scheme will feature ret
29/01/2025
GMI Construction Group has been awarded a contract to develop three high-specification warehouse units totalling over 175,000 square feet at Precedent Drive, Milton Keynes.
The £20 million project, commissioned by DV5 Last Mile Developments (UK) Ltd, a joint venture between Coltham and Delancey Re
29/01/2025
Plans for 106 sustainable new homes in Southville, a neighbourhood in South Bristol, have been approved as the city seeks to increase housing delivery to address growing demand.
Top 10 award-winning housebuilder The Hill Group will create a £60 million development on Raleigh Road, on land that was
29/01/2025
Bouygues UK has reached a major milestone in the fourth phase of the Hallsville Quarter regeneration project in Canning Town, London.
The project, part of the £3.7 billion Canning Town and Custom House Regeneration Programme, recently held a topping out ceremony, marking the completion of the 11-s
29/01/2025
Willmott Dixon Interiors is carrying out a significant upgrade to the roof of the National Maritime Museum in Greenwich, one of London's most iconic cultural landmarks.
As part of the £12 million project, the company is installing over 23,000 square feet of sun-protected glazing above the museum’s
29/01/2025
Equans has been appointed by Babergh and Mid Suffolk District Councils to carry out crucial decarbonisation work across the councils' housing stock, using funding secured through the Social Housing Decarbonisation Fund (SHDF).
The councils used the South East Consortium's Zero Carbon Framework to s
29/01/2025
In the world of construction, the quest for energy efficiency and sustainability is ever-evolving. Among the array of solutions available, EPS (Expanded Polystyrene) insulation stands out as a versatile and effective option for enhancing the thermal performance of buildings, particularly when used f
29/01/2025
BCP Council has completed significant coastal protection works at Hamworthy Park, ensuring its resilience against erosion for the next 20 years.
A 200-metre stretch of sea wall along the eastern promenade has been reinforced using low-carbon concrete, while new steps have been constructed to improv
29/01/2025
Geo-environmental consultancy and remediation contractor, The LK Group, has strengthened its team with a trio of recruits.
The multidisciplinary company's latest raft of hires comprises a new director, associate director and remediation manager.
The geo-environmental specialist, headquartered i