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

  • ETC Corporation awarded $88 million tolling contract
    March 23, 2012
    The Port Authority of New York and New Jersey has awarded a contract, valued at approximately $88 million, to Electronic Transaction Consultants Corporation (ETC Corporation) to provide a facility-wide replacement toll collection and audit system as well as related system maintenance services. Under the contract, ETC will implement its latest generation Rite solution on the Port Authority’s toll facilities to deliver a number of advanced system features including a sophisticated toll data warehouse, an adva
    Read More
  • Geotab telematics solution surpasses one million subscribers
    February 27, 2018
    Canada-based Telematics provider Geotab has reached its goal of achieving one million connected vehicles built on a single platform with an average of 116% annual subscriber growth over the last ten years. The increase, according to Neil Cawse, CEO at Geotab, now supports over 21, 000 business, 300, 000 users and 1, 000, 000 vehicles globally by focusing on sustainability, scalability, reliability and security. The company focuses on enabling business growth with access to data from vehicles that help
    Read More
  • Multi-modal transport system key to liveable city development
    June 20, 2012
    Malaysia’s Economic Transformation Programme aims to transform Kuala Lumpur into one of the world’s most liveable cities. Mohd Nur Kamal, CEO of SPAD, Malaysia’s Land Transport Commission, explains how a world class multi-modal transport system will be key to reaching that goal Superficially, Kuala Lumpur, or KL as it is commonly known, is the model of a vibrant, modern, cosmopolitan city to equal any in the world. The Petronas Twin Towers, an iconic global symbol of Malaysia, are surrounded by stunningly
    Read More
  • ITS Australia appoints global ambassadors for 2016 ITS World Congress
    November 22, 2013
    ITS Australia has launched its international ambassador program to help promote the 23rd Intelligent Transport systems World Congress to be held 10 to 14 October in Melbourne, Australia. To be held at the Melbourne Convention and Exhibition Centre, the ITS World Congress and its complementary exhibition are expected to attract more than 5,000 delegates to the capital that has been a regular winner of “the world’s most liveable city” title. ITS Australia Chief Executive Officer Susan Harris said the 20
    Read More

Highlighted Content