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03 August 2017

Jacobs to acquire CH2M to create global solutions provider

First publishedon www.ITSInternational.com

US-based Jacobs Engineering Group is to acquire design, engineering and program -management firm CH2M Hill for US$2.85 billion, giving Jacobs added strength in key infrastructure and government service sectors that it has previously targeted for growth, including water, transportation, environmental and nuclear.

“By increasing our industry reach and adding to our already extensive skills, this transaction enhances our value to our clients and bolsters Jacobs’ position as a premier consulting, design, engineering, construction, and operations and maintenance technical services firm,” said Steve Demetriou, Jacobs’ chairman and CEO.

The deal creates a consulting organisation employing 74,000 people globally.

Companies in this article

CH2M Hill
www.CH2M.com
Jacobs Engineering
www.jacobs.com/
Antaira-ITS-610x95_February
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