Aker Solutions’ P&C operations significantly expand Jacobs’ global presence in the mining and metals market; provide a new geographic region with South America; and strengthen Jacobs’ presence in China. Jacobs’ regional presence in Australia, Europe and North America is also enhanced as a result of the transaction.

“We are acquiring solid businesses with a history of good performance,” said Jacobs President and CEO Craig Martin. “Additionally, P&C’s talented employees and strong client relationships align well with our relationship-based business model. This acquisition allows us to further diversify our services and drive greater growth in our business.”

Gary Mandel, executive vice president, Aker Solutions’ process and construction business area, is expected to follow the P&C business into Jacobs. “Over the last few years, our business area has continued to develop into a global project execution leader,” said Mandel. “Through Jacobs, we have access to a much wider global resource base that enables us to enhance our service offerings for customers and provide more opportunities for employees.”

Jacobs is one of the world’s largest and most diverse providers of technical, professional and construction services. Aker Solutions ASA, through its subsidiaries and affiliates, is a leading global provider of engineering and construction services, technology products and integrated solutions.