Mace Construct is set to become “Forco” from January 2027, marking the next chapter in the contractor’s 35-year history.
Following a demerger in March, Mace Consult and Mace Construct became two separate businesses, with the agreement that the consulting arm would retain the Mace brand.
As Forco, the company will “set out a new path” as an independent construction business.
Bosses say the new name is “short, impactful and easy to pronounce” and was developed in consultation with clients, colleagues and partners.
The contractor will continue to trade as Mace Construct until January; however, a new Forco logo has been created, and social media channels are now live.
Alongside the name change, a new website, corporate strategy and company targets through to 2030 will launch together in the new year.
Mark Reynolds, executive chairman at Mace, said: “Our new name represents our clear commitment to being the UK’s most forward-thinking contractor, and its most productive by 2030. Forco logo and symbol will be visible from a distance on a hard hat or a site hoarding and will form part of a focused and distinctive new brand launching early next year.
“Although our name and brand are changing, the qualities that have made Mace Construct one of the UK’s most respected contractors have not: our culture, our values and the people who have underpinned our success. Clients can expect the same teams, the same commitment to delivery, and the same drive to create places and infrastructure that last.”
Last year, Mace Construct generated £2.1 billion in revenue and £15.7 million in pre-tax profit.
you have a tip or story idea that fits with our publication, email: elohor@wavenews.co.uk
Get industry news in 5 minutes!
A daily email that makes industry news enjoyable. It’s completely free.
Notice: JavaScript is required for this content.