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Jacobs Engineering Acquires Louisiana Firm

Jacobs is looking to expand its upstream and offshore capabilities.

Jacobs Engineering Group (JEC) - Get Jacobs Engineering Group Inc. (J) Report said it has acquired W.H. Linder Associates, a Metairie, La.- based engineering firm.

The terms of the deal were not disclosed.

Linder is a consulting engineering firm with more than 300 employees and 25 years of experience in the upstream/offshore market, with its core services tailored to the oil and gas sector, Jacobs stated.

"We are pleased to announce the acquisition of this world-class organization. Linder complements our existing upstream business and plays an integral part in our strategic initiative to expand our upstream and offshore capabilities, widening the services that both companies offer to their respective clients," Jacobs President Craig Martin said in a release.

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Shares of the Pasadena, Calif., company's stock were trading up 25 cents to $74.64 on Thursday.

Jacobs operates from two major locations on the U.S. Gulf Coast (Houston and Baton Rouge, La.), from where it serves oil, gas, refining, chemical, and aerospace clients.

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