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

  • Cable cars come of age in trans-continental expansion
    April 30, 2015
    David Crawford explores a high-level option of public transport. Sharing its origin with that of ski lifts at winter sports resorts in the European Alps, urban aerial cable transport is attracting growing interest as a low-footprint, low-energy alternative to conventional public transport that can swoop over ground-level traffic congestion.
    Read More
  • Autumn budget: EV charging infrastructure fund and higher tax rates for diesel vehicles
    November 23, 2017
    Chancellor of the Exchequer Philip Hammond has announced a £400m ($532m) charging infrastructure fund for electric vehicles (EVs), an extra £100m ($133m) investment in Plug-In-Car Grant, and a £40m ($53m) in charging R&D in the UK’s Autumn Budget 2017. He added that laws need to be clarified so that motorists who charge their EVs at work will not face a benefit-in-kind charge from next year.
    Read More
  • HNTB to lead the most ambitious US AET conversion programme
    July 26, 2012
    HNTB Corporation has been selected by the Pennsylvania Turnpike Commission to serve as programme manager to lead the potential implementation of a cashless, all-electronic toll (AET) collection system. The implementation of the new programme across the entire 885km (550 mile) Pennsylvania Turnpike system, which includes more than 70 toll plazas serving more than 186.5 million vehicles and generating more than US$700 million annually, is said to be the largest and most ambitious AET conversion in North Ameri
    Read More
  • MBTA chooses Cubic to deliver next-generation fare payment system
    November 22, 2017
    Cubic Transportation Systems (CTS) has been selected by the Massachusetts Bay Transportation Authority (MBTA) to install a fare payment system for the region’s multi-modal transit system to allow payment flexibility for customers. The base contract award includes an approximate $575 million (£433 million) for implementation with ten years of operations and maintenance as well two five-year extension options. The agreement also involves a public-private partnership, in which Cubic and John Laing will
    Read More

Highlighted Content