Subscribe to our Construction Newsfeed
Uk Construction Directory
Search our 156,810 companies....

Construction News

02/11/2023

Mace Operate Announces Management Buyout Under 'Macro'

Construction News Image
Mace Operate, the facilities management division of global consultancy and construction company Mace Group, has announced a management buy-out under the name 'Macro'.

The buyout has been led by Ross Abbate, Mace Operate's CEO; Chris Bampton, Mace Operate’s CFO; and Mark Holmes, who recently announced his intention to step down as Mace Group's Deputy Chairman. Mark will become Chair of the newly independent company.

Macro, formally known as Mace Operate, is now an independent facilities management company employing more than 700 people around the globe, with an annual turnover of £130m. The business will continue to provide market-leading facilities management services to some of the world’s largest brands.
-- Advertisement --
hss



Macro and Mace Group will retain a close relationship, with a transitional services agreement in place for the next nine months to enable the new business to establish its independence. Over the long term, Macro will act as a "preferred supplier" for Mace Group's own facilities management services; as well as exploring potential future joint servicing offers to existing clients.

The move will allow Macro to invest in a more targeted way in the future of the workplace – enabling the innovation, new service offerings and infrastructure required to meet the changing needs of its clients – and in turn, Mace will be able to focus on its core service offerings more closely as a global consultancy and construction company.

The name Macro refers to the name of the Operate business from 2002-2020. It also represents the business’ future: a big-picture perspective, long-term client relationships, and the ability to make everyday tasks simpler and more efficient.

Latest Construction News

17/01/2025
Leeds Trinity University has officially opened its newly refurbished City Campus at 1 Trevelyan Square in Leeds. Completed by GRAHAM Interior Fit-Out, the transformation of the central Leeds site introduces state-of-the-art facilities designed to improve learning and collaborate with industry partn
17/01/2025
Trammell Crow Company (TCC) has secured planning permission for a Grade A logistics scheme in Heywood, Greater Manchester, following a successful planning appeal. The development will feature two state-of-the-art industrial and logistics buildings. One building will house two units measuring 4,796
17/01/2025
Poole-based developer AJC Group has celebrated a record-breaking 2024, delivering 100 affordable homes, a significant increase from the 72 units completed in the previous year. Since 2023, AJC Group has completed and handed over 172 affordable homes across five sites. In 2024 alone, the developer
17/01/2025
Plans for one of the most ambitious parks projects in London have taken a significant step forward, with Haringey Council securing nearly two additional acres of land around The Paddock nature reserve in Tottenham Hale. The agreement with Thames Water marks a major milestone in the transformation o
17/01/2025
Islington Council has unveiled two draft guidance documents aimed at helping residents, businesses, and developers combat climate change by making buildings more energy efficient and fostering a greener, healthier borough. The consultation seeks feedback on the draft Climate Action Supplementary Pl
17/01/2025
The City of Wolverhampton Council has unveiled a £98 million investment plan over the next five years to develop around 500 new homes across the city. The proposal, part of the Housing Revenue Account (HRA) Business Plan, received Cabinet approval this week and now moves to Full Council for final
17/01/2025
Croydon Council has announced a significant milestone in the redevelopment of the Purley Pool site, with revised proposals submitted for a new leisure centre, later living housing, and the regeneration of the surrounding area. A planning application for the site was initially submitted in 2024, pro
17/01/2025
The City of Wolverhampton Council has announced that demolition work has commenced on the New Park Village estate, marking the start of a major £40 million redevelopment project to transform outdated council housing. Contractor DSM Demolition has begun pulling down poor-quality bungalows on Valley
17/01/2025
Hillingdon Council has acquired 12 new homes at Carpenters Court in Uxbridge. Leader of Hillingdon Council, Cllr Ian Edwards and Cllr Steve Tuckwell, Cabinet Member for Planning, Housing and Growth, visited the site to officially mark the handover of the properties from local developer Kearns Devel
17/01/2025
Organisers of UK Construction Week (UKCW) have announced another major coup for the show's 10th anniversary year, with the news that UKCW London will be co-locating with the 14th edition of The Stone Show & Hard Surfaces, the principal industry event for surface design. Established 26 years ago, th
Aqua Direct LtdT & D Glazing And Installation LimitedStuart CanvasEfco UK LtdBRICOFLOR UKLakeside HireThink Construction Skills Ltd.ContainexNo Hydro123v Plc