Engineering firm Jacobs has acquired a majority ownership of
India-based Consulting Engineering Services (CES). Founded in
1969, CES is a leading power, infrastructure, and civil
engineering company in India, headquartered in Delhi.
CES employs more than 2,000 people and provides solutions in
infrastructure development, planning, engineering, and construction management.
The combination of Jacobs and CES nearly doubles Jacobs'
existing resources and capabilities in India to more than 4,500 employees
and expands its presence in other regions in Asia and the
Middle East, officials said.
Jacobs CEO Craig Martin said: "This combination makes us one
of the largest consulting, engineering and construction forces in India. This
transaction fortifies our resources to address the strong,
emerging infrastructure market in India and other regions in
Asia and the Middle East."
CES chairman S.S. Chakraborty said: "CES and Jacobs have
collaborated for years. Our existing relationship, along with
strong synergies in our companies, provides a solid foundation
on which to build and move forward as one company."
Jacobs established a presence in India in 1993 with the
purchase of Humphreys and Glasgow, which had been operating in
India since 1962.