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.

Related Content

  • January 25, 2012
    ITS America annual meeting focuses on smart transportation
    ITS America's next Annual Meeting, in Fort Washington in May 2012, is being planned at a turning point for US transportation and the nation's economy. We asked event organising committee chair Connie Sorrell a few pertinent questions on why attending Fort Washington will be essential for all transportation professionals
    Read More
  • August 26, 2016
    Installed base of fleet management systems in Europe to reach 10.6 million by 2020
    The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 5.3 million in Q4-2015, according to a new research report from the M2M/IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 14.9 percent, this number is expected to reach 10.6 million by 2020. All the top-10 vendors have today more than 100,000 active units in Europe. TomTom’s subscriber base has grown both organically and by acquisitions during the past years and the company ha
    Read More
  • April 29, 2014
    Growing focus on efficient traffic management driving global ITS market
    According to the latest report by Global Industry Analysts, Intelligent Transportation Systems: A Global Strategic Business Report, the global market for intelligent transportation systems (ITS) is projected to reach US$26.3 billion by 2020, driven by continued rise in vehicular traffic and the need to regulate traffic flow, rising impetus for enhancing road safety, and escalating socio-environmental implications of traffic congestion.
    Read More
  • June 7, 2013
    Serco extends transport contracts in Hong Kong
    UK group Serco has won the contract to operate and maintain toll roads in Hong Kong as it looks to push further into the transport sector. Beginning in September, the contract is worth US$123 million over a minimum six-year base period to manage, operate and maintain the Tsing Sha Control Area of toll roads. Serco has been contracted to engage in toll collection, controlling and regulating traffic, vehicle recovery and rescue, patrols and handling of incidents. The contract also covers scheduled works inclu
    Read More

Highlighted Content