Jacobs rings NYSE Closing Bell, marking CH2M acquisition

DALLAS — Jacobs Engineering Group Inc. rang the New York Stock Exchange (NYSE) Closing Bell on Jan. 18 to commemorate the transformative acquisition of CH2M, creating a $15 billion professional services leader delivering innovative solutions for a more connected, sustainable world.

“Today we celebrate a new Jacobs that brings together the industry’s foremost expertise providing innovative solutions for a more connected, sustainable world, and superior value to our clients,” said Chairman and CEO Steve Demetriou. “As we celebrate this historic occasion, it’s also a proud moment to reinforce our shared commitment to giving back in our communities by investing in STEM education to support volunteerism and workforce development, investible infrastructure programs and sustainable communities.”

Jacobs contributed $100,000 — comprising two $50,000 donations — to two global organizations whose programs further connected, sustainable development, Engineers Without Borders USA and the New York Academy of Sciences’ Global STEM Alliance. Both organizations provide mentoring and volunteer opportunities enabling company employees to share their knowledge and experience with students, teachers and communities.

Jacobs’ acquisition of CH2M

On Dec. 15, 2017, Jacobs completed its acquisition of CH2M in a cash and stock deal. The combination creates a diverse portfolio of complementary capabilities and technologies to serve complex, in-demand community- and business-development needs around the world. As a result, the combination:

• Enhances position in infrastructure, including water and transportation.
• Bolsters top-tier position in nuclear and environmental services.
• Expands leadership in growing industrial sectors.
• Enhances energy, chemicals and resources portfolio.

“We’re now able to offer our clients a full complement of differentiated services, driven by global trends like urban migration, digital integration and the balance of human, natural and technological resources, including resilience in the face of climate and security threats,” Demetriou said.