Mace Group has announced plans to rebrand its construction division later this year, following a majority investment in its consultancy arm by Goldman Sachs Alternatives.
Once the deal completes, Mace Consult will operate independently under the Mace name.
It will remain owned by the same shareholders until the transaction closes but will pursue growth in global programme and project management under chief executive Davendra Dabasia.
Mace Construct, meanwhile, will adopt a new identity and name, reflecting its evolution from a construction management specialist into a major contractor.
The rebranding will coincide with a revised strategy focused on expanding the firm’s presence across the UK.
Since its first project in 1998, Mace Construct has delivered major London landmarks including The Shard and Battersea Power Station.
Mace sat at number five in the CN100 list of top UK contractors, with a turnover of £2.8bn.
In a statement, Mace Group chief executive Jason Millett said both businesses will continue to operate under the Mace brand for now.
A co-created identity for Mace Construct is expected to launch in 2026 and will build on its heritage and reputation as a “bold and innovative” contractor.
He said: “Here in the UK, we believe there is an opportunity for Mace Construct to evolve once again, adopting a new name and identity that leverages our established relationships and reputation for construction delivery, setting a bold path forward with a new vision and a renewed focus on what our people stand for and what our teams are here to deliver.
“For the time being, both Mace Consult and Mace Construct will continue to operate under the Mace brand – but during 2026 we’ll be working with Construct’s colleagues, clients, suppliers and partners to develop something truly exciting.
“It’ll be a co-created new identity built around our legacy in London and who we are today – a bold and innovative contractor – with a clear view of what we want to achieve together in the future.”
Last year, fellow tier one contractor Lendlease rebranded as Bovis following the completion of its £35m sale to US-based investment firm Atlas Holdings.
Source: Mace announcement
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Colin Marrs