Construction News

Tue July 23 2024

Related Information

Acquisition doubles size of Jacobs in India

1 Jun 11 Jacobs Engineering Group has acquired a majority ownership of Consulting Engineering Services (India).

Professor SS Chakraborty
Professor SS Chakraborty

CES was founded in 1969 and is a power, infrastructure and civil engineering company based in Delhi. It employs more than 2,000 people and provides a range of services in infrastructure development, planning, engineering, and construction management. The combination of Jacobs and CES nearly doubles Jacobs' existing resources and capabilities in India to more than 4,500 employees and expands its presence in other regions in Asia and the Middle East.

"This combination makes us one of the largest consulting, engineering and construction forces in India,” said Jacobs president and chief executive officer Craig Martin. “This transaction fortifies our resources to address the strong, emerging infrastructure market in India and other regions in Asia and the Middle East."

Chairman and managing director of CES Professor SS Chakraborty said: "CES and Jacobs have collaborated for years. Our existing relationship, along with strong synergies in our companies, provides a solid foundation on which to build and move forward as one company."Jacobs established a presence in India in 1993 with the purchase of Humphreys and Glasgow, which had been operating in India since 1962.
 

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »