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

  • April 29, 2015
    Public Private Partnerships to gather pace in the US
    Public Private Partnerships are set to play a big role in transportation funding as Andrew Bardin Williams discovers. The old joke goes that the road from New York to Chicago is paved with potholes. For decades, drivers from New York and New Jersey traveling across Pennsylvania to visit the Midwest have lambasted the Commonwealth’s roadways for their lack of smooth pavement.
    Read More
  • May 24, 2013
    Seminar urges the use of smart road technologies in Oman
    The recent Smart Road Technologies seminar in Oman discussed the development of transportation systems, not just the construction of new roads or infrastructure renovation, but also the use of information technology to link elements within the road system - vehicles, roads, traffic lights, message signs, among others – using intelligent technology to enable them to communicate with each other via wireless technologies. The seminar was held as part of the Digital Nation series of seminars organised by Knowle
    Read More
  • May 18, 2012
    A natural fit
    Xerox Chairman and CEO Ursula Burns will deliver the keynote address at today’s opening plenary in Fort Washington. Two years after leading the company’s $6.4Bn acquisition of ACS, Burns provides some insights into Xerox’s expanding role in the transportation sector.
    Read More
  • September 24, 2015
    Volkswagen emissions – ‘a missing global standard is the issue’ say UK organisations
    The UK’s Transport Research Laboratory (TRL) and research organisation Frost and Sullivan have both commented on the Volkswagen diesel emissions scandal, which has resulted in the resignation of CEO Martin Winterkorn. The world's biggest carmaker by sales has admitted to US regulators that it programmed its cars to detect when they were being tested and altered the running of their diesel engines to conceal their true emissions. Winterkorn said, “I am shocked by the events of the past few days. Above
    Read More

Highlighted Content