Mace sells £130m turnover FM arm to MBO team

Mace Group has sold its FM business to a management buyout team after deciding to sharpen focus on its core construction and consultancy services.
The management buy-out of Mace Operate has been led by the FM arm’s chief executive Ross Abbate and financial director Chris Bampton alongside Mace Group deputy chairman Mark Holmes, who will become chair of the new standalone firm.
The independent business will return to being called Macro, employing more than 700 people around the globe, with