Jacobs to buy John Wood nuclear arm for £250m

Posted by Hazel Duhy on in Sector Group News, Nuclear Decommissioning and Waste (including Storage), Construction, Manufacturing and Nuclear New Build, Worldwide News, UK News, Member News.

Oil and gas engineering contractor John Wood Group has sold its nuclear business to a subsidiary of US consultant Jacobs for £250m.

The Wood nuclear business designs, delivers and maintains strategic and complex nuclear assets primarily in the UK and employs around 2,000 staff.

Read more of this Construction Enquirer article online here