Jacobs to acquire CH2M to create global solutions provider

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, engine
August 3, 2017 Read time: 1 min

US-based 6320 Jacobs Engineering Group is to acquire design, engineering and program -management firm 4843 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.

For more information on companies in this article

Related Content

  • Canadian city opts for Parsons ATMS
    January 20, 2015
    The city of Mississauga (greater Toronto area) has awarded engineering and construction firm Parsons a ten-year contract for the replacement of the city’s traffic signal control system and the supply of an advanced transportation management system (ATMS), including long-term support services. Parsons will implement its Intelligent Networks ATMS, iNET, to provide a modular, integrated, web-based platform to monitor, control and manage traffic signals, with adaptive capabilities and several other ATMS app
    Read More
  • Electric boats and ships 2017-2027: Large market emerging, says IDTechEx
    January 13, 2017
    Analysts at IDTechEx have issued a new report, Electric Boats and Ships 2017-2027 looking at this fragmented but often highly profitable and growing sector. It says there are already over 100 manufacturers of electric boats and ships. The report finds that the market for hybrid and pure electric boats and ships will rise rapidly to over US$20 billion worldwide in 2027 for non-military versions. The recreational boat market is the largest and fastest growing electric marine market in sales number, followe
    Read More
  • New solutions to old problems set to cut emergency response times
    April 30, 2015
    David Crawford looks at the latest developments in emergency response. Ensuring speedier reactions to transport and travel crises is becoming increasingly important. US statistics suggest that as many as 1,000 ‘saveable’ lives can be lost each year in major cities because of operational defects in their SOS operations.
    Read More
  • Sign up for 24th ITS World Congress Montréal
    October 12, 2016
    The Future is Here Now: Integrated Mobility Driving Smart Cities - Regina Hopper, President and CEO of ITS America raises the curtain on the Montréal ITS World Congress 2017. By 2020, the Smart Cities market will be valued at more than $1.5 trillion USD. By 2025, it is expected that 58% of the world’s population—roughly 4.6 billion people—will live in urban areas. And by 2050, experts predict the world’s urban population will double. As the battle to maintain and create new infrastructure systems continu
    Read More

Highlighted Content