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

  • Future-proofing transportation with a one-stop optical network solution
    July 20, 2021
    Huawei is helping transportation customers leverage optical transmission networks to optimise their communications and ensure business survival in the fast-changing worlds of road, rail, aviation, maritime and logistics
    Read More
  • Siemens acquires UK enforcement provider Zenco Systems
    July 2, 2015
    Intelligent traffic systems supplier Siemens has acquired UK traffic enforcement organisation, Zenco Systems. The announcement underlines Siemens’ commitment to the growing traffic enforcement market and follows a number of successful joint technology projects between the two companies in the UK, including deployments in Manchester and London. Zenco Systems was founded in 2006 to provide local authorities with the ability to use CCTV video evidence to enforce traffic contraventions. Following the first d
    Read More
  • Cubic completes acquisition of Serco transport solutions
    November 27, 2013
    Serco’s transport solutions business will become a part of Cubic Transportation Systems following Cubic Corporation’s acquisition of the business for an enterprise value of US$70 million. Serco’s primarily a UK-based transport technology and services business and had revenues in the last calendar year of approximately $67 million.
    Read More
  • Hurdles to MaaS adoption highlighted
    January 25, 2018
    Jack Opiola talks to some MaaS advocates in the US. Cities will accommodate almost 60% of the world’s population by 2025 and technology is outpacing transportation plans and planners - putting extreme pressures upon planners and transportation systems alike. Big data, digital payments, ubiquitous communications, smartphone applications, on-demand travel and autonomous vehicles are all shredding existing transport plans. Never before has the pace of population growth and the tools to address this problem
    Read More

Highlighted Content