Jacobs in talks to buy Australian firm in A$1B+ deal

|About: Jacobs Engineering Group ... (JEC)|By:, SA News Editor

Jacobs Engineering (JEC) is reportedly in negotiations to acquire Australian engineering consulting company Sinclair Knight Merz in a deal worth over A$1B (US$893M).

The closely held firm, whose last reported sales were A$1.3B, has 40 offices across Asia Pacific, the Americas and EMEA.

Any deal would follow Jacobs' acquisition in June of Atlanta-based wireless telecommunications company Compass Technology Services.