Jacobs closes SKM acquisition

first_imgJacobs Engineering Group Inc has completed its merger transaction with Sinclair Knight Merz (SKM), the 6,900-person professional services firm headquartered in Australia, in accordance with previously announced terms. Jacobs purchased SKM for approximately AS$1.3 billion in cash. Founded in 1964, SKM is an employee-owned company with broad consulting, planning, engineering, architecture, scientific and construction management capabilities. The company has significant operations in Australia, Asia, South America, and the UK, and serves clients in multiple industries, including Mining and Metals, Building and Infrastructure, Water and Environment, and Power and Energy. SKM’s 2013 revenue stands at approximately A$1.3 billion.In making the announcement, Jacobs President and CEO Craig Martin stated, “The combination of Jacobs and SKM further diversifies our geographic offerings and the end-markets we serve. We look forward to integrating the two companies and see many excellent opportunities ahead to support our clients, develop our people, and grow our business.”  SKM CEO and Managing Director Santo Rizzuto added, “We are very enthusiastic about our future with Jacobs. Being one integrated company increases opportunities for our employees to build their careers in a range of disciplines around the world. We have significantly expanded our geographies and capabilities. The benefits we can deliver now that our companies are joined allow us to serve our clients better and in more places.” Jacobs is one of the world’s largest and most diverse providers of technical professional and construction services.last_img read more

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Burglaries down by 10 per cent this year but thefts increased

first_imgTHE LATEST CRIME statistics show that there has been a decrease in the number of murders in 2013 compared to last year – but a rise in kidnappings.The figures on recorded crime, released by the Central Statistics Office, were welcomed by the Garda Commissioner, Martin Callinan.The stats show that falls continue in most offence groups, but there were rises in kidnapping and theft.Dangerous and negligent acts fell by 15.1 per cent, while fraud, deception and related offences fell by 16.6 per cent.However, theft and related offences rose by 3.6 per cent.From September 2012 to September 2013, there were 2 recorded murder and manslaughter offences, a decrease of four on the previous year.However, dangerous driving leading to death offences rose from 17 to 21 over the same period.Of sexual offences, the statistics show that the number of offences fell by 2.04 per cent to 2,007. However, sexual assault was the only sub-group that saw offences increase by 4.2 per cent.Commissioner Callinan said he is “heartened that the hard work being carried out by members of An Garda Síochána throughout the country is reflected in the Q3 statistics released today”.However, he warned that “we must not become complacent”:the rise in Theft and Related Offences shows that recent initiatives we have undertaken such as the inaugural Crime Prevention Day of Action (December 2) highlighting smartphone theft are timely and targeted, and will assist us in the fight against crime in general and thefts in particular.The Garda Commissioner said that the fall in weapons and explosives offences (down 9.2 per cent), controlled drug offences (down 6.7 per cent) and offences against the State (down 11.8 per cent) “show that our continuing efforts to dismantle all aspects of organised crime and subversive activity is having a definable benefit for the law abiding citizens of the country who wish to live their lives in peace”.Read: Over half of those released from prison re-offend within three years>last_img read more

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