Jacobs Engineering Group Inc. on Tuesday said it has acquired a maintenance, construction and service works contractor in England that will significantly increase its capabilities in Europe.
Pasadena-based Jacobs did not say how much it is paying for L.E.S. Engineering Limited, a Grimsby, U.K. company that specializes in mechanical, instrumentation, and electrical installations in the utilities industry. The acquisition will increase Jacob's current 300-person operation in Grimsby to 1,000 employees.
"We are committed to growing our global field service business," said Chief Executive Craig Martin in a statement. "While Jacobs has a strong North American direct hire presence in this business, we are less established in Europe."
In a separate release, Jacobs said that it received contracts for transportation work in central Texas and northern England, but did not give the value for the contracts.
Jacobs shares were up 86 cents, or 1 percent, to $73.63 in morning trading on the New York Stock Exchange.
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