Mace (construction company)

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]

Mace Group Ltd

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]
Operating income	£45.4 million (2022)[1]
Net income	£22.2 million (2022)[1]
Number of employees	7,271 (2022)[1]
Website	www.macegroup.com

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]