Jacobs’ $3B CH2M Acquisition Pushes Through for Streamlined Operating Model

TYSONS CORNER, VA, Jan. 3, 2018 — Jacobs Engineering Group‘s (NYSE: JEC) estimated $3.27 billion acquisition of CH2M has concluded to move forward a plan to create a combined infrastructure and professional services firm potentially worth $15 billion, GovCon Wire reported Dec. 18.

Jacobs said Dec. 18 that 96 percent of CH2M shareholders gave an affirmative vote for the combination, which would streamline operations across the aerospace, technology, environmental and nuclear; energy, chemicals and resources; and buildings, infrastructure and advanced facilities lines of business.

Terry Hagen will lead the ATEN business line, Bob Pragada will manage the BIAF line while Vinayak Pai will oversee the ECR line.

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