Jacobs to Acquire Interest in Guimar Engenharia

Source: www.gulfoilandgas.com 11/5/2013, Location: South America

Jacobs Engineering Group Inc. announced that it has acquired an interest in Guimar Engenharia, a privately held engineering services and project management/construction management (PMCM) company based in Rio de Janeiro, Brazil.

Company officials did not disclose the terms of the agreement, but noted that the acquisition is a staged investment, with each stage subject to certain closing conditions.

Guimar has a broad client base and operations throughout Brazil, where it is a leading provider of PMCM services for clients in the pulp and paper, petroleum, chemicals, food and beverage, mining and minerals, building and infrastructure industries.

The acquisition represents Jacobs’ first significant investment in Brazil, enhancing its ability to serve key clients investing in Brazil and expanding the Company’s network of South American operations.

In making the announcement, Jacobs Executive Vice President Gary Mandel stated, "We are delighted at the prospect of bringing Guimar into Jacobs. Their business approach is aligned with ours; they have a proven and solid reputation, and great client relationships in their marketplace. With over 1,100 engineering and PMCM skilled resources, they would enable us to further enhance and build our business, both globally and locally."

Guimar`s CEO Herodoto Monte stated, “We are very enthusiastic about joining Jacobs. This event represents an important step for Guimar, as we open up new avenues for the diversification and growth of our business. We expect the combined synergy of values, expertise and capabilities of Jacobs and Guimar together to boost our growth; increasing the portfolio we can offer to our present and future clients, and providing new opportunities for our employees.”

For more information about related Opportunities and Key Players visit Brazil Oil and Gas Projects


United Kingdom >>  5/24/2022 - Reabold, the AIM quoted investing company, which focuses on investments in upstream oil and gas projects, is pleased to provide additional details on ...
Brazil >>  5/23/2022 - Karoon Energy Ltd has provided notice to Enauta Energia S.A. to terminate the Exclusivity Agreement entered into to undertake due diligence and negoti...

Nigeria >>  5/23/2022 - With reference to the stock exchange announcement made 27 January 2022, and the update provided 2 May 2022, regarding the government consent provided ...
Norway >>  5/23/2022 - OKEA ASA has entered into an agreement with Wintershall Dea Norge AS (“Wintershall Dea”) to acquire a material portfolio of producing and near-term pr...

United States >>  5/23/2022 - Reabold, the AIM quoted investing company which focuses on investments in upstream oil and gas projects, is pleased to announce that at a Special Shar...
United Kingdom >>  5/17/2022 - Greencoat UK Wind has agreed with Global Infrastructure Partners (GIP) to acquire a 12.5% stake in Hornsea 1 offshore wind farm for a total considerat...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.