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

  • Aurrigo seeks partners for AV technology following expansion into Canada
    April 9, 2018
    UK-based Aurrigo has opened an office in Ottawa, Canada, and is seeking academic, industry and government partners to support the development of its autonomous vehicle (AV) technology. The Coventry-headquartered firm believes its four-seater Pod Zero will offer a viable first and last mile transport solution for moving people around key locations. It has already enlisted researchers at Carleton University to facilitate AV trials on its campus and has received critical support from economic development ag
    Read More
  • MasterCard and Cubic join forces on smart city payment solutions
    March 4, 2015
    MasterCard today is to partner with Cubic Transportation Systems, combining MasterCard’s everyday payments and loyalty management expertise with Cubic’s NextCity platform to develop solutions that: Enable transportation operators to offer flexible pricing based on system demand; Provide individual travellers with real-time guidance on their mobile devices on the smartest way to travel, offering fare incentives if the system becomes congested or overcrowded; Offer retailers at and around transportation hu
    Read More
  • ACP to bolster ETC's mobility portfolio
    August 13, 2020
    Private equity firm says acquisition will help move tolling specialist into MaaS
    Read More
  • Authorities select enforce now, pay later option
    October 19, 2015
    Outsouring of enforcement services is on the increase internationally as highway and traffic authorities seek further support in resources and expertise from the private sector. Jon Masters reports. Signs of a significant company making moves into a new market can usually be read as indication of likely growth in that particular sector. Q-Free’s expansion from tolling operations into general traffic enforcement could be viewed as surprising as it is moving into what are relatively mature and consolidating m
    Read More

Highlighted Content