Mace (construction company)
 | |
| Industry | Construction |
|---|---|
| Founded | 1990 |
| Headquarters | London |
Number of locations | London, New York City, Nairobi, Johannesburg, Hong Kong, Dubai/Doha; operates in over 70 countries. |
Key people | Mark Reynolds (Group Chair and CEO) |
| Revenue |  £1,936.4 million (2022)[1] |
| £45.4 million (2022)[1] | |
 £22.2 million (2022)[1] | |
Number of employees | 7,271 (2022)[1] |
| Website | www.macegroup.com |
Mace Group Ltd, commonly known as Mace, is a global construction business headquartered in London employing nearly 7,300 people, across five continents, and with a turnover of around £2 billion.[1]
History
The company was founded by a group of construction and architecture professionals, led by Ian Macpherson, who left Bovis in 1990 hoping to bring in a more collaborative way of working in the traditionally combative construction industry.[2][3] It prohibited its subcontractors from falsely claiming staff were self-employed.[4]
During 1997, Mace beat Bovis to be appointed as the project and construction manager on British Airways' Waterside headquarters at Heathrow.[2][5] Other early construction projects undertaken by the company included the London Eye and The Venetian.[6][7] The firm engaged in PFI projects[8][9] and post privatisation railway work.[10]
In 2009, Mace contracted to build The Shard, the tallest building in London, at a fixed price.[11] In 2021, it completed a ferris wheel in Dubai nearly twice as tall as the London Eye.[12]
In 2023, Mace's facilities management division was sold in a management buyout.[13] In July 2025 Goldman Sachs acquired a 75% share in Mace's £700m turnover consulting business and it was set to be spun out as a standalone operation with 5,200 global staff.[14][15]
Operations
Mace's activities include:[16]
- programme and project management advice
- Cost consultancy
- Construction
Mace's programme management activities have included advising on the Metrolinx transit system for the Government of Ontario,[17] and, as part of a team with Arcadis, advising on a new railway tunnel in New York.[18]
Major projects
Major projects involving Mace have included:
- The London Eye (2000)[19]
- The Venetian (2007)[20]
- The Emirates Air Line (2012)[21]
- The Shard (2012)[22]
- Tottenham Hotspur Stadium (2019)[23]
- NHS Nightingale Hospital London (2020)[24]
References
- ^ a b c d e "Annual Report and Accounts 2022" (PDF). Mace. Archived from the original (PDF) on 19 July 2023. Retrieved 19 July 2023.
- ^ a b "Our Story". Mace. Retrieved 22 March 2015.
- ^ Marshall, Jordan (15 July 2019). "Mace co-founder dies". Building.
- ^ Coates, John (3 April 1997). "Main contractors to make compliance with the current crackdown on bogus self-employment a condition of contracts Big firms back PAYE drive". Construction News.
- ^ "Mace swings for BA". Construction News. 20 May 1993.
- ^ "The Wheel: The British Airways London Eye". Ingenia. November 2000.
- ^ "The Venetian Hotel and Resort, Macau". Mace Group. Retrieved 7 July 2024.
- ^ Warner, Brian (9 November 1995). "Treasury bid list whittled down to two contenders". Construction News.
- ^ "Mace PFI triumph". Construction News. 26 November 1998.
- ^ "On board at Mace". Construction News. 30 April 1998.
- ^ Hayman, Allister (3 August 2012). "The Man Who Scaled The Shard". Building.
- ^ Dunton, Jim (5 October 2021). "Mace completes work on record-breaking Dubai Ferris wheel". Building.
- ^ Gayne, Daniel (2 November 2023). "Mace to focus on construction and consultancy work after sale of FM business". Building.
- ^ Rogers, Dave (23 July 2025). "Goldman Sachs moves in to take majority stake in Mace's consulting business". Building. Retrieved 23 July 2025.
- ^ Prior, Grant (24 July 2025). "Mace sells consulting business to Goldman Sachs". Construction Enquirer. Retrieved 24 July 2025.
- ^ "Additional Services". Mace. Retrieved 22 March 2015.
- ^ Rogers, Dave (2 March 2022). "Mace team wins programme delivery role on Canadian metro scheme". building.co.uk.
- ^ "Mace JV to manage $16bn New York tunnel project". theconstructionindex.co.uk. 29 February 2024.
- ^ "London Eye project manager leaves Mace". Building. 8 March 2002. Retrieved 19 December 2017.
- ^ "Venetian Macau Hotel Tower". The Skyscraper Center. Retrieved 19 December 2017.
- ^ "In Pictures: Mace hopes Thames cable car will lead to more TfL work". Construction News. 28 June 2012. Retrieved 20 December 2017.
- ^ "The Shard". The Skyscraper Center. Retrieved 19 December 2017.
- ^ Wilson, Robyn (21 November 2015). "New Spurs stadium construction partner contract goes to Mace". Construction News. Retrieved 19 December 2017.
- ^ Rogers, Dave. "Industry races to complete NHS Nightingale hospital in record time". Building. Retrieved 27 January 2021.
