Jacobs completes multibillion-pound deal for CH2M
Jacobs Engineering Group has completed its acquisition of CH2M, creating an entity with a combined turnover of £11.2bn. Jacobs is one of the world’s largest providers of technical, professional and construction services. Its combination with CH2M particularly enhances its position in infrastructure, including water and transportation, as well as nuclear and environmental services, in which CH2M has a strong record of managing large-scale remediation programs for government and industrial clients. Going forward, Jacobs is to streamline its operating model into three global lines of business which are: Aerospace, Technology, Environmental and Nuclear (ATEN); Buildings, Infrastructure and Advanced Facilities (BIAF); and Energy, Chemicals and Resources (ECR).