Skip to main content

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

  • August 1, 2014
    Hub Parking Technology acquires Parking & Time Recording Services
    Italy-based Hub Parking Technology, a business group of automated access systems supplier FAAC, has acquired Australian vehicle access control company Parking & Time Recording Services (PTRS). Based in the Sydney area, PTRS has already a long history story of mutual cooperation with the FAAC Group, being a local distributor of Zeag parking systems and installer of FAAC gate automation. According to Hub, the combination of the two companies will increase the value the company delivers to customers by
  • May 8, 2014
    Swarco acquires British traffic group
    Austrian traffic technology group Swarco has acquired the APT group of companies, creating one of the largest traffic and parking management systems businesses in Europe.
  • April 6, 2022
    MaaS Global buys Brazil's Quicko
    Whim app firm says LatAm country can 'hop over' car ownership and go straight to MaaS
  • June 12, 2014
    Global smart cities market expected to reach US$1,265.85 billion by 2019
    According to a new market report published by Transparency Market Research "Smart Cities Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the global smart cities market is expected to reach a value of US$1,265.85 billion by 2019, growing at a CAGR of 14.0 per cent from 2013 to 2019. Increase in migration from rural to urban areas is the major factor responsible for the growth of smart cities market, globally. North America was the largest contributor to the smart ci