> 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. 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. Our website makes it possible to view other available documents related to WOOD NUCLEAR LIMITED. 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). Get directions. > Nuclear. Nuclear. 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. > JACOBS CLEAN ENERGY LIMITED has 1106 employees at this location and generates $211.05 million in sales (USD). We are known in Europe for our unrivalled asset familiarity and performance-driven solutions throughout the asset life cycle, from development to decommissioning. The sale of our nuclear business and other recent divestments have also enabled us to accelerate progress towards our leverage target.”. JW Holdings had diversified into the energy services business at the outset of the North Sea oil industry in the early 1970s. Wood is strategically located throughout Latin America and the Caribbean in a variety of sectors including oil and gas, refining, chemicals, water, mining, energy, industrial plants and facilities and communications. Private limited Company. Its nuclear business was focused on decommissioning work at the Sellafield site in Cumbria. Wood Nuclear’s president Clive White will swap his former role for senior vice president of Jacob’s aerospace, tech and nuclear business Critical … 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. The deal represents a multiple of approximately 12.4x based on 2018 EBITDA of £20.2 million ($26.3 million). Jacobs has snapped up Wood Nuclear, the nuclear services arm of Scottish energy giant John Wood Group, for £250m. Wood’s nuclear energy business designs, delivers and maintains nuclear assets for customers primarily in the UK. Our footprint in Africa continues to expand. The rich heritage of our founding organisations makes us a respected presence in global industrial markets, combining unrivalled technical knowledge and a drive for outstanding delivery. 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. About Wood. 02/09/2018 17/03/2020 wood nuclear limited 12/12/2014 03/09/2018 amec foster wheeler nuclear uk limited 02/09/2007 12/12/2014 amec nuclear uk limited 07/08/2005 03/09/2007 amec nnc limited 31/03/1989 08/08/2005 nnc limited 28/06/1973 01/04/1989 national nuclear corporation limited Wood Nuclear Holdings … For more than 125 years, Wood has delivered comprehensive services throughout North America to support our customers across the complete asset life cycle. © 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. 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 - … WOOD NUCLEAR HOLDINGS LIMITED was incorporated on 3 March 1999 (Wednesday) as a Private Limited Company in UK. Working with us. The business was founded by Sir Ian Wood in 1982, when it split away from JW Holdings, the largest fishing company in Scotland. Wood has been present in the Caspian region for over 20 years. Wood is a global leader in the delivery of project management, engineering, consulting and technical services to energy and built environment customers. 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 deal is subject to approval by … UK’s competition watchdog to investigate Jacobs’ acquisition of Wood Nuclear Limited. You have at your disposal scanned copies of official documents submitted by the company at Companies House. 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. The cash proceeds from the nuclear divestment and the recent sale of Wood’s industrial services business generated a total of $429m. 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. For over 30 years we have been investing selectively to improve local services and support communities. Oil services firm Wood Group is said to be considering keeping Amec Foster Wheeler’s nuclear operations unit. Find out more information about WOOD NUCLEAR LIMITED. The Middle East is a key growth area for Wood. 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 … You could too. The sale of Wood's nuclear business will also allow the company to further reduce its net debt, which is up 14% to $1.7bn compared to the first half of … Company type. Jacobs Clean Energy Limited is an active company incorporated on 28 June 1973 with the registered office located in London, Greater London. For over 30 years we have been investing selectively to improve local services and support communities. Company status. 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. "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 transaction represents an enterprise value-to-expected pro forma calendar year (CY) 2019 adjusted EBITDA multiple of 7.9x, assuming £10 million … JACOBS CLEAN ENERGY LIMITED is located in LONDON, United Kingdom and is part of the Engineering Services Industry. Tel: +1 770 360 0600. Energy service giant Wood will sell its nuclear business to US company Jacobs for £250 million. Home Sectors WOOD NUCLEAR HOLDINGS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity WOOD NUCLEAR HOLDINGS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Jacobs Clean Energy Limited has been running for 47 years. The Company offers designing, engineering, construction, project management and consulting. 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 . There are 962 companies in the JACOBS CLEAN ENERGY LIMITED corporate family. Wood Nuclear Holdings Limited operates as a construction company. 1105 Lakewood Parkway, Suite 300, Alpharetta Atlanta, GA 30009 Georgia United States. Explore the opportunities to join #TeamWood in 2020 now. WOOD NUCLEAR HOLDINGS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity The nuclear business Wood has divested designs, delivers and maintains strategic and complex nuclear assets, primarily for customers in the UK. It was created in February 1971 from the de-merger of the … Wood has been present in the Caspian region for over 20 years. $300 million) on a debt-free, cash-free basis. We operate in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion. 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). 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. It comes amid a planned £2.2billion mega-merger between the two companies. Our footprint in Africa continues to expand. for WOOD NUCLEAR HOLDINGS LIMITED (03725076) Registered office address. 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. 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