Six months after announcing the sale of its consultancy business to US bank Goldman Sachs, Mace Group has revealed that the remaining construction contracting business will be getting a new name.
That name will be revealed later this year, the company said.
For the moment, the two businesses will continue to be known as鈥�楳ace Construct鈥� and 鈥楳ace Consult鈥�. But once the Goldman Sachs transaction closes, Mace Consult will get to keep the Mace name and Mace Construct will rebrand.
Chief executive Jason Millett said:鈥�淪ince we were founded in 1990, Mace has continued to evolve as鈥痺e鈥檝e鈥痝rown; from a boutique consultancy to the leading London contractor, and now to one of the globe鈥檚 foremost programme and project managers.鈥�
鈥淲e are pleased today to be announcing the next chapter in that story. Mace Consult will become an independent organisation in January, led by Davendra鈥疍abasia鈥痑s CEO. We have worked hard over the past decade to鈥痚stablish鈥�楳ace鈥� as a global benchmark for exceptional programme delivery, and we think it is right that Davendra and his team are able鈥痶o continue to build on the strength of that brand in Consult鈥檚 growth markets across the world.鈥����
鈥淗ere 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.鈥�
鈥淔or the time being, both Mace Consult and Mace Construct will continue to鈥痮perate鈥痷nder the Mace brand 鈥� but during 2026鈥痺e鈥檒l鈥痓e working with Construct鈥檚 colleagues, clients,鈥痵uppliers鈥痑nd partners to develop something鈥痶ruly exciting.鈥疘t鈥檒l鈥痓e a co-created new identity built around our legacy in London and who we are today 鈥� a bold鈥痑nd innovative contractor 鈥� with a clear view of what we want to achieve together in the future.鈥濃��