The acquisition represents Jacobs’ first significant investment in Brazil, expanding the company’s network of South American operations.
Guimar provides engineering services and project management/construction management (PMCM). It has a broad client base and operations throughout Brazil, where it provides PMCM services for clients in the pulp and paper, petroleum, chemicals, food and beverage, mining and minerals, building and infrastructure industries.
Jacobs executive vice president Gary Mandel said "We are delighted at the prospect of bringing Guimar into Jacobs. Their business approach is aligned with ours; they have a proven and solid reputation, and great client relationships in their marketplace. With over 1,100 engineering and PMCM skilled resources, they would enable us to further enhance and build our business, both globally and locally."
Guimar CEO Herodoto Monte said: “We are very enthusiastic about joining Jacobs. This event represents an important step for Guimar, as we open up new avenues for the diversification and growth of our business. We expect the combined synergy of values, expertise and capabilities of Jacobs and Guimar together to boost our growth; increasing the portfolio we can offer to our present and future clients, and providing new opportunities for our employees.”