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

  • Indra wins Manila urban traffic control and toll lanes projects
    April 8, 2013
    In two contracts totalling US$13.5 million, Spanish consulting and technology provider Indra is to equip Metro Manila, the Philippines’ main metropolitan region, with more than 11 million residents, with its urban traffic control system. The company will also upgrade the toll collection system for the 90 kilometre long Manila North Luzon Expressway (NLEX), one of the most important motorways in the Philippines, carrying more than 160,000 vehicles each day. For the urban traffic control project, in a consort
    Read More
  • IBTTA seeks transportation innovation
    December 16, 2016
    IBTTA’s Patrick Jones contemplates the need for, sources of and constraints on transportation innovation. For years now, visionary thinkers and doers in the highway transportation community have been laser-focused on the role of innovation in addressing the most pressing mobility challenges.
    Read More
  • Traveller experience study identifies key themes for improving transport network
    October 14, 2015
    The UK’s Transport Systems Catapult has identified key areas of development in the transport network in its traveller experience study, Traveller Needs, which comprised of 10,000 online questionnaire respondents, 50 company interviews, and 100 expert interviews. The research found that 75 per cent of journeys are characterised by pain-points, with 57 per cent of travellers always looking for ways to optimise their journey. Public transport is considered to be poor value for money with the ‘high cost
    Read More
  • Visteon terminates China deal but increases investment in Korea
    July 6, 2012
    Visteon Corporation and Huayu Automotive Systems Company have agreed to terminate the non-binding memorandum of understanding (MOU) with respect to a potential transaction that would have combined the majority of Visteon's global interiors business with Yanfeng Visteon Automotive Trim Systems. According to Don Stebbins, Visteon chairman, chief executive officer and president, “both parties worked hard to move the agreement forward, but there were a number of items that kept us from doing so.”
    Read More

Highlighted Content