Jacobs completes acquisition of Aker Solutions' onshore P&C operations in China
Jacobs Engineering Group has completed the acquisition of Aker Projects (Shanghai) Company Ltd, Aker Solutions' onshore process and construction (P&C) operations in China. The completion of the acquisition expands Jacobs' presence in China and the region, the company said.
"China and the surrounding regions are extremely important to our growth strategy,” said company president and CEO Craig Martin. “The completion of the acquisition doubles our footprint in China, allowing us to provide significant capabilities to our China-based clients and to other global clients exploring investments in the region."
Earlier this year, Jacobs closed on a deal for a number of other Aker Solutions’ operations in the region.
Jacobs describes itself as one of the world's largest and most diverse providers of technical, professional, and construction services.
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