M

Mace

www.macegroup.com link_icon

Mace Group Company Market Research Report



Company Overview



  • Company Name: Mace Group

  • Mission: To redefine the boundaries of ambition. Global experts in shaping the built environment - helping to lead the way to a more connected, resilient, and sustainable world.

  • Founded: No information is available about the specific year of foundation and the founders.

  • Key People: Mark Reynolds, Chairman and Chief Executive; Davendra Dabasia, CEO for Consultancy; Caroline Lassen, Global Lead for Programme, Project and Construction Management; Robert Lemming, Managing Director, Public Sector and Life Sciences, Mace Construct.

  • Headquarters: No information is available about the location of the headquarters.

  • Number of Employees: No information is available.

  • Revenue: In 2023, Mace achieved record revenue of £2.36bn.

  • Known For: Mace is renowned for its expertise in connecting property and infrastructure lifecycle, delivering projects faster and more efficiently, and promoting sustainability through ambitious goals.


Products and Services



Products Offered



Mace primarily offers consultancy and construction services encompassing a broad range of sectors.

High-Level Description and Key Features



1. Consultancy Services:
  • Offering strategic insights and advisory services to improve operations and deliver successful projects.

  • Focus on cost consultancy and commercial management for infrastructure and construction projects.


2. Construction Services:
  • Management of projects from inception to completion, ensuring quality and efficiency.

  • Emphasis on sustainability, delivery excellence, and innovation in construction to meet modern standards.


Recent Developments



  • New Projects and Facilities:

  • Completion of AstraZeneca’s facility ‘The Hub’ at the Cambridge Biomedical Campus, focusing on health and wellbeing services, aiming for BREEAM Outstanding rating.


  • New Partnerships and Appointments:

  • Mace appointed as delivery partner for King Salman International Airport development in Riyadh and the first phase of Dubai Exhibition Centre expansion.


  • Organizational Changes and Goals:

  • Achieved a 10.6% reduction in the median gender pay gap for 2023/24, surpassing its improvement target.

  • Significant expansion and record revenue in its consultancy and construction businesses, despite stepping back from direct property development.


  • Innovations and Strategic Investments:

  • Investment of £68m in R&D innovations in 2023, maintaining award-winning safety standards with a 0.04 accident frequency rate.

  • Achieved carbon neutrality by offsetting 10,758 tonnes of carbon produced in 2023 and aiming to save 10 million tonnes of client carbon by 2026.


  • Milestones and Achievements:

  • Surpassed its 2026 'Value2Society' target, contributing £912m in 2023.

  • Developed strategic goals in its 2026 Business Strategy with a focus on sustainable growth and delivering distinctive value.


Strategic Priorities



  • Sustainability Focus: Pursuing a sustainable world through bold action in the built environment.

  • Growth: Empowering individuals and communities, while aiming for collective growth.

  • Delivering Value: Continuous innovation and exceeding client expectations through improved business resilience.


Conclusion



Mace Group continues to push boundaries in the built environment sector by focusing on sustainability, innovation, and strategic growth. With significant accomplishments in the gender pay gap, carbon neutrality, and revenue increase, Mace is committed to redefining traditional practices to meet future challenges and opportunities. Their recent partnerships and infrastructure achievements underline their role as a transformative leader in construction and consultancy services.

Note: Some specific information such as founders' details or headquarters location is not available from the provided data.