DENVER and LONDON, Nov. 14, 2011 /PRNewswire-Asia/ -- CH2M HILL
(www.ch2mhill.com), a global full-service consulting, design,
construction, and operations firm, is pleased to announce that it
has today completed the acquisition of Halcrow, the UK-based
engineering, planning, design and management services firm. CH2M
HILL agreed to acquire the share capital of Halcrow for
approximately GBP124M .
Following the completion, both management teams will
work closely to bring the two businesses together, drawing on the
breadth and depth of expertise embedded within both
firms.
CH2M HILL Chairman and Chief Executive Officer Lee
McIntire said, "We said at the outset that our firms were ideally
suited in terms of cultures, geographies, and markets. It is
becoming ever clearer that this combination will deliver
significant benefits to our clients as we pool our collective
expertise. As the world's population climbs above seven billion the
challenges posed to transportation, the environment, water use and
urban architecture will require ever more innovative and complex
solutions that we will be uniquely able to
provide."
Jacqueline Rast, President of Facilities and
Infrastructure Division said, "Like CH2M HILL, our new colleagues'
business operations are built on a commitment to safety, quality
and client satisfaction. I would like to extend my appreciation to
Halcrow CEO Peter Gammie for his steadfast leadership in upholding
the high-standards of client service, ethics, safety and talent
development. We look forward to integrating Halcrow to capitalize
on the unique strengths of both firms."
Headquartered near Denver, Colorado, USA,
employee-owned CH2M HILL is a global leader in consulting, design,
design-build, operations, and program management for government,
civil, industrial and energy clients. The firm's work is
concentrated in the areas of water, transportation, environmental,
energy, facilities and resources. With US$6.3 billion in revenue
and 23,000 employees, CH2M HILL is an industry-leading program
management, construction management and design firm, as ranked by
Engineering News-Record and named a leader in sustainable
engineering by Verdantix. The firm has been named a FORTUNE 100
Best Companies to Work For five times.
Halcrow is one of the UK's leading consultancies,
with a pedigree stretching back to 1868. The UK-based consultancy
specializes in the provision of planning, design and management
services for infrastructure development worldwide. With interests
in transportation, maritime and property, the company is
undertaking commission in more than 70 countries from a network of
more than 80 offices around the world.
Contact: John Corsi
001.720.286.2087
[email protected]
SOURCE: CH2M HILL