The deal represents a multiple of approximately 12.4x based on 2018 EBITDA of £20.2 million ($26.3 million). John Wood Group PLC, the global engineering and consulting company, announces today that it has closed the sale of its nuclear business to Jacobs for a cash consideration of £250 million (around $325 million). JW Holdings had diversified into the energy services business at the outset of the North Sea oil industry in the early 1970s. © 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. 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. These moves form part of Wood’s ongoing portfolio optimisation focus and will also enable the company to reduce debt and accelerate progress towards its target leverage policy. David Kemp, Wood’s Chief Financial Officer, said: “Future portfolio optimisation will continue to be driven by our strategic objective of building a premium, differentiated, higher margin business focused on energy and built environment end markets. There are currently 3 active directors and 1 active secretary according to the latest confirmation statement submitted on 30th June 2020. Nuclear. for WOOD NUCLEAR HOLDINGS LIMITED (03725076) Registered office address. wood nuclear limited 03 sep 2018 - 17 mar 2020 amec foster wheeler nuclear uk limited 12 dec 2014 - 03 sep 2018 amec nuclear uk limited 03 sep 2007 - 12 dec 2014 amec nnc limited 08 aug 2005 - … For over 30 years we have been investing selectively to improve local services and support communities. WOOD NUCLEAR HOLDINGS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity The company current operating status is Active with registered address BOOTHS PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE. Transition to green: the UK’s next industrial revolution. © 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. DALLAS, Aug. 20, 2019 /PRNewswire/ -- Jacobs (NYSE: JEC) announced today it has entered into an agreement to acquire John Wood Group's Nuclear business for an enterprise value of £250 million (approx. 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 Middle East is a key growth area for Wood. Explore the opportunities to join #TeamWood in 2020 now. Filing history for JACOBS CLEAN ENERGY LIMITED (01120437) People for JACOBS CLEAN ENERGY LIMITED (01120437) Charges for JACOBS CLEAN ENERGY LIMITED (01120437) More for JACOBS CLEAN ENERGY LIMITED (01120437) ... Wethersfield Wood Street, Bushley Green, Tewkesbury, Gloucestershire, GL20 6JA . 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 more than 125 years, Wood has delivered comprehensive services throughout North America to support our customers across the complete asset life cycle. Wood is a global leader in the delivery of project management, engineering, consulting and technical services to energy and built environment customers. WOOD NUCLEAR HOLDINGS LIMITED was incorporated on 3 March 1999 (Wednesday) as a Private Limited Company in UK. Booths Park, Chelford Road, Knutsford, Cheshire, WA16 8QZ. For over 30 years we have been investing selectively to improve local services and support communities. "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. The Wood nuclear business designs, delivers and maintains strategic and complex nuclear assets primarily in the UK and employs around 2,000 … 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 … 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. Oil services firm Wood Group is said to be considering keeping Amec Foster Wheeler’s nuclear operations unit. Jacobs Clean Energy Limited has been running for 47 years. WOOD NUCLEAR HOLDINGS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity John Wood Group PLC, the global engineering and consulting company, announces today that it has closed the sale of its nuclear business to Jacobs for a cash consideration of £250 million (around $325 million). $300 million) on a debt-free, cash-free basis. History. Times and Star 9th Jan 2020, The proposed £250 million acquisition of a major player in the clean-up of the Sellafield site in West Cumbria could be blocked. Jacobs has snapped up Wood Nuclear, the nuclear services arm of Scottish energy giant John Wood Group, for £250m. JACOBS CLEAN ENERGY LIMITED is located in LONDON, United Kingdom and is part of the Engineering Services Industry. About Wood. 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. 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. 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. Its nuclear business was focused on decommissioning work at the Sellafield site in Cumbria. > The deal is subject to approval by … Our footprint in Africa continues to expand. Active. 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