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Jacobs sells its French operations

NCE stock business

Jacobs Engineering has sold the its French subsidiary’s operations to Nox Engineering.

The cost of the deal has not been disclosed. Jacobs in France had offices in Paris, Lyon, Le Havre and Aix en Provence, and a workforce of approximately 250 employees. Nox has around 400 employees across 30 locations in France and worldwide.

Jacobs president and chief executive Steve Demetriou said: “We carefully reviewed our strategy for our Jacobs France subsidiary, and a sale to NOX evolved as the preferred solution for all parties. The business in France fits well with NOX and supports the company’s ambitions for continued growth amongst its core market segments.

“For Jacobs, this represents our continued efforts to streamline our overall operational efficiency in regions that fit within our target markets and geographies.”

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