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

  • Emovis’ 5-step guide to educating drivers on road usage charging
    October 31, 2023
    If people don’t understand the benefits of road usage charging, then it is unlikely to have public support. Scott Jacobs of Emovis outlines ways in which key messages – particularly on fairness - can be put across
    Read More
  • Pioneering sensors collect weather data from moving vehicles
    January 20, 2012
    ITS International contributing editor David Crawford foresees the vehicle as 'sentinel being'
    Read More
  • System predicts train delays and informs response
    February 25, 2016
    David Crawford looks into the near-term future for Stockholm’s rail commuters. Swedish rail operator Stockholmståg, which runs commuter services in and around the country’s capital, is claiming a world first with the introduction of its automated Pendelprognosen (commuter prognosis) service. Developed to enable the prediction of delays as much as two hours before they are likely to occur, this offers the operator the scope for much earlier remedial action than previously - for example by filling in the expe
    Read More
  • Creating the world’s first sustainable highway
    August 10, 2015
    The Mission Zero Corridor Project in West Georgia, US, believes that it is possible to have a ‘green highway’. To this end, it has appointed breakthrough innovation consultancy Innovia Technology to help create a ‘travel corridor’ and rethink the purpose and function of this infrastructure to generate social, environmental and economic value. The project aims to be a fitting legacy for the late Ray C. Anderson, ‘the greenest CEO and founder of Interface, the global manufacturer of modular carpet. A
    Read More

Highlighted Content