Engineer mega-merger could be on the cards, according to the Times
CH2M has sounded out stock exchange-listed British engineer Atkins on the possibility of a £3bn merger, according to a report in the Times.
The US consultant - which had a leading role on delivering the London 2012 Olympic Park and is development partner on the first phase of HS2 - contacted Atkins at the end of last year, with the approach made at a senior level, according to the report.
The report comes as CH2M goes on a UK hiring spree, despite announcing plans for another global cost-cutting drive earlier this month.
Last week HS2 announced it had poached the firm’s European boss, Mark Thurston, to become its new chief executive.
Overall, CH2M employs 26,000 people worldwide, of which 3,000 are in the UK.
CH2M declined to comment. An Atkins spokeperson said “it is our policy not to comment on rumour and speculation.”
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