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30/07/2014

Aecom Acquires Hunt Construction Group

Engineering design firm Aecom has acquired US company Hunt Construction Group.

Michael S. Burke, AECOM President and Chief Executive Officer, said: "The addition of Hunt's people and resources immediately makes AECOM one of the largest US builders. This important expansion of our build expertise reflects the continued advancement of our strategy to create an integrated delivery platform with superior capabilities to design, build, finance and operate infrastructure assets globally."

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On 13 July, Aecom announced a definitive agreement to acquire URS Corporation, a transaction that is expected to close in October 2014. The transaction is subject to customary closing conditions, including regulatory approvals and approval by AECOM and URS stockholders.

The combined company, including Hunt, would be a leading, fully integrated infrastructure and federal services provider with more than 95,000 employees in 150 countries. It would have calendar year 2013 pro forma revenues of more than $20bn.

(CD/JP)

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