Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

CH2M 'approaches Atkins for £3bn merger'

Money

American consulting firm CH2M has reportedly approached Atkins regarding a £3.1bn ($4bn) merger, after CH2M said it expects to ramp up its employment in the UK.

CH2M approached the British engineering firm at a senior level but it is not clear how far the discussion progressed, according to a report in the Times.

Last year Reuters reported that Atkins said plans to spend more on infrastructure by the UK and US governments would benefit the firm in the medium-term.

“It is our policy not to comment on rumour and speculation,” said an Atkins spokesperson. CH2M could not be reached for comment.

The news comes after CH2M announced that it is restructuring, moving towards a more “client-centric model” of business and saving £80M. The company stressed it would not affect UK jobs.

“Unlike typical restructuring activities, the focus of CH2M’s realignment to a client-centric operating model is not about cost cutting, so no objective targeting positions in the UK. On the contrary, we’d expect to ramp up employment in the U.K. for the work we have slated there in 2017,” said a  CH2M spokesperson.

Tags

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.