Who bought Shimmick Construction?
AECOM to acquire Shimmick Construction to expand its civil construction capabilities in the Western U.S. Expands AECOM’s exposure to the highly-attractive California infrastructure market, and further enhances its design, build, finance and operate capabilities.
Who is shimmick?
Shimmick operates as an independent company with renewed commitment to ongoing investments in its employees, technology, and equipment. As a privately held company, Shimmick enjoys greater control over business operations and strategic direction, while continuing to create value for our clients.
When did AECOM acquire shimmick?
2017
The company’s civil construction business does heavy civil, mass transit, mining, water, highway and bridge work for private and public clients. The sale includes the Shimmick Construction business, which AECOM purchased for $175 million in 2017.
Did AECOM sell shimmick?
US engineer Aecom yesterday announced the signing of a definitive agreement to sell its civil construction business, which includes contractor Shimmick Construction, to Oroco Capital, an infrastructure investment company based in Bethesda, Maryland.
Is AECOM being sold?
10, 2020– AECOM (NYSE:ACM), the world’s premier infrastructure consulting firm, today announced the signing of a definitive agreement to sell its Civil construction business, which includes the Shimmick Construction business, to affiliates of Oroco Capital .
Who owns aecom?
AECOM
| Type | Public company |
|---|---|
| Area served | Worldwide |
| Key people | Douglas W. Stotlar (Chairman) W. Troy Rudd (CEO) Lara Poloni (President) |
| Services | Architectural engineering Building design Construction management |
| Revenue | US$13.24 billion (2020) US$13.64 billion (2019) |
Is AECOM a construction company?
AECOM Construction Management is built to modernize, expand and deliver the most iconic and complex structures ever conceived. Construction Management partners with visionary owners and developers to deliver iconic projects across the United States.
Who is buying AECOM?
Graham Group of Companies announced an agreement last month to acquire the North American assets of global infrastructure consulting firm AECOM’s Energy Operations and Maintenance Division (EOM).
Who bought Graham Construction?
AECOM
Graham announced it has finalized an agreement with global infrastructure consulting firm AECOM to take over the North American assets of AECOM’s energy operations and maintenance division (EOM).
Who bought Graham?
On June 17, 2011, Graham Packaging Company Inc. announced the signing of a definitive merger agreement under which Graham Packaging will be acquired by Reynolds Group Holdings Limited in an all-cash transaction for $25.50 per share, or a total of approximately $4.5 billion including assumed indebtedness.
Who owns AECOM construction?
Is WSP going to buy AECOM?
The COVID-19 crisis has ended merger discussions between industry giants WSP Global Inc. and AECOM, according to financial news service reports and industry sources with knowledge of the negotiations. The financial uncertainty created by the pandemic halted the push to create a new mega-company.