Jacobs completed the acquisition of the Nuclear Business of John Wood Group for $305m.

Jacobs Engineering, an American international technical professional services firm, completed the acquisition of the Nuclear Business of John Wood Group, a multinational energy services company, for $305m. "This acquisition further strengthens Jacobs' position in highly profitable and complementary sectors within nuclear and defense, enhancing our recognized program management skills with deep, technical expertise. We are excited to welcome these talented employees to the Jacobs' team. Given the compelling and synergistic fit of our two organizations, we believe this transaction will translate into significant value for Jacobs' shareholders, diverse opportunities for our employees and new, differentiated nuclear and defense solutions for our clients," Steve Demetriou, Jacobs Chair and CEO.