Seeking Alpha

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

  • 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.
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