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Released On: 25 October 2020 | Posted By : | Anime : Uncategorized

Agreement on the deal was reached in August 2019, with closing conditional upon merger clearance from the Competition and Markets Authority (“CMA”) which was received on 4 March 2020. The cash proceeds from the nuclear divestment and the recent sale of Wood’s industrial services business generated a total of $429m. The transaction represents an enterprise value-to-expected pro forma calendar year (CY) 2019 adjusted EBITDA multiple of 7.9x, assuming £10 million … Company type. For more than 125 years, Wood has delivered comprehensive services throughout North America to support our customers across the complete asset life cycle. WOOD NUCLEAR HOLDINGS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity The deal represents a multiple of approximately 12.4x based on 2018 EBITDA of £20.2 million ($26.3 million). The company current operating status is Active with registered address BOOTHS PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE. About Wood. Private limited Company. Home For more than 125 years, Wood has delivered comprehensive services throughout North America to support our customers across the complete asset life cycle. Find out more information about WOOD NUCLEAR LIMITED. We have maintained a presence in the region for over 7 decades; helping design, build, operate, maintain, and modify some of the world’s largest and complex facilities. JACOBS CLEAN ENERGY LIMITED is located in LONDON, United Kingdom and is part of the Engineering Services Industry. Jacobs has snapped up Wood Nuclear, the nuclear services arm of Scottish energy giant John Wood Group, for £250m. There are 962 companies in the JACOBS CLEAN ENERGY LIMITED corporate family. The company current operating status is Active and registered office is at BOOTHS PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE. Tel: +1 770 360 0600. For over 30 years we have been investing selectively to improve local services and support communities. Working with us. Jacobs Clean Energy Limited is an active company incorporated on 28 June 1973 with the registered office located in London, Greater London. Backed by an 85+ year history of operating within the Asia Pacific region, Wood is proud of its longstanding partnerships, underpinned by our proven ability to optimise asset performance, drive capital efficiency and deliver for our customers. for WOOD NUCLEAR HOLDINGS LIMITED (03725076) Registered office address. © John Wood Group PLC 2020 Registered in Scotland No: SC36219 Registered office: 15 Justice Mill Lane Aberdeen, AB11 6EQ Scotland, UK, Environmental studies, permitting and compliance, Engineering, design and project management, Mineral resources and project assessments, Subsea, umbilical, riser and flowline (SURF), Planning clean, sustainable solutions for drinking water impacted by PFAS, Protecting public health through innovative groundwater treatment, Future workplace: rethinking industrial hygiene to keep employees safe, Future workplace: meet the heroes of industrial hygiene, Water innovation: intelligent asset management for our future, Water innovation: one week to drive down carbon, Mining towards 2050: minerals and metals for a sustainable world, Mining towards 2050: current market outlook, Future mobility: exploring the new normal, Future mobility: the changing demands of public transport, Webinar-Effective-process-training-Efficient-operations_Wood-webinar-page-350x350a.jpg. The deal represents a multiple of approximately 12.4x based on 2018 EBITDA of £20.2 million ($26.3 million). Adding 2,000 staff to its workforce, the purchase brings Jacobs’ UK employee base to nearly 11,000 with plans to recruit up to 400 extra skilled staff. Wood’s nuclear energy business designs, delivers and maintains nuclear assets for customers primarily in the UK. You could too. The Middle East is a key growth area for Wood. WOOD NUCLEAR LIMITED (the "Company") is a Private Limited Company, incorporated on 28 June 1973 (Thursday) in UK. Oil services firm Wood Group is said to be considering keeping Amec Foster Wheeler’s nuclear operations unit. Sectors $300 million) on a debt-free, cash-free basis. Our brilliant employees are making what once seemed impossible, possible, every day. Wood provides performance-driven solutions throughout the asset life cycle, from concept to decommissioning across a broad range of industrial markets, including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, renewables, mining and general industrial sectors. It comes amid a planned £2.2billion mega-merger between the two companies. John Wood Group PLC announced today the sale of its nuclear business to a subsidiary of Jacobs for a cash consideration of £250 million (around $305 million) representing a multiple of approximately 12.4x based on 2018 EBITDA of £20.2 million ($26.3 million). The Wood nuclear business designs, delivers and maintains strategic and complex nuclear assets primarily in the UK and employs around 2,000 … JACOBS CLEAN ENERGY LIMITED has 1106 employees at this location and generates $211.05 million in sales (USD). Wood provides performance-driven solutions throughout the asset life cycle, from concept to decommissioning across a broad range of industrial markets, including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, clean energy, mining, nuclear, and general industrial sectors. Our footprint in Africa continues to expand. "Bringing together Wood Nuclear within Jacobs' Critical Mission Solutions business provides a powerful platform to support clients' complex programs, respond to unprecedented changes in the many sectors and geographies where we work and help accelerate commitments to a more sustainable future," said Jacobs Chair and CEO Steve Demetriou. We have maintained a presence in the region for over 7 decades; helping design, build, operate, maintain, and modify some of the world’s largest and complex facilities. We combine our strong knowledge of the area, global expertise across the entire asset life cycle and experience required to operate successfully in the harsh and complex environment of the world’s largest land-locked body of water. The nuclear business Wood has divested designs, delivers and maintains strategic and complex nuclear assets, primarily for customers in the UK. 9 January 2020: The CMA brought the anticipated acquisition by Jacobs U.K. Limited of Wood Nuclear Limited and subsidiary and affiliated companies to the … There are currently 3 active directors and 1 active secretary according to the latest confirmation statement submitted on 30th June 2020. > The deal is subject to approval by … © John Wood Group PLC 2020 Registered in Scotland No: SC36219 Registered office: 15 Justice Mill Lane Aberdeen, AB11 6EQ Scotland, UK, Environmental studies, permitting and compliance, Engineering, design and project management, Mineral resources and project assessments, Subsea, umbilical, riser and flowline (SURF), Planning clean, sustainable solutions for drinking water impacted by PFAS, Protecting public health through innovative groundwater treatment, Future workplace: rethinking industrial hygiene to keep employees safe, Future workplace: meet the heroes of industrial hygiene, Water innovation: intelligent asset management for our future, Water innovation: one week to drive down carbon, Mining towards 2050: minerals and metals for a sustainable world, Mining towards 2050: current market outlook, Future mobility: exploring the new normal, Future mobility: the changing demands of public transport, Webinar-Effective-process-training-Efficient-operations_Wood-webinar-page-350x350a.jpg, Explore the opportunities to join #TeamWood in 2020 now. Energy service giant Wood will sell its nuclear business to US company Jacobs for £250 million. Wood is a global leader in the delivery of project management, engineering, consulting and technical services to energy and built environment customers. Wood’s environment and infrastructure consultancy will continue to deliver environmental, regulatory and permitting support, including large-scale remediation of radiological constituents in various markets including North America. We operate in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion. British energy services company John Wood Group has announced it is selling its nuclear business to US consultant Jacobs in a deal worth £250 million.. The sale of our nuclear business and other recent divestments have also enabled us to accelerate progress towards our leverage target.”. Registered office is at BOOTHS PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE on March. 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