Energy service giant Wood will sell its nuclear business to US company Jacobs for £250 million. The nuclear business Wood has divested designs, delivers and maintains strategic and complex nuclear assets, primarily for customers in the UK. Its nuclear business was focused on decommissioning work at the Sellafield site in Cumbria. The Company offers designing, engineering, construction, project management and consulting. WOOD NUCLEAR HOLDINGS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity 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. 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 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. 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. > For over 30 years we have been investing selectively to improve local services and support communities. Private limited Company. Transition to green: the UK’s next industrial revolution. 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). We operate in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion. 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, renewables, mining and general industrial sectors. JW Holdings had diversified into the energy services business at the outset of the North Sea oil industry in the early 1970s. WOOD NUCLEAR LIMITED (the "Company") is a Private Limited Company, incorporated on 28 June 1973 (Thursday) in UK. Our footprint in Africa continues to expand. © 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. WOOD NUCLEAR HOLDINGS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Wood has been present in the Caspian region for over 20 years. 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. 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. It comes amid a planned £2.2billion mega-merger between the two companies. 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. Wood has been present in the Caspian region for over 20 years. The deal represents a multiple of approximately 12.4x based on 2018 EBITDA of £20.2 million ($26.3 million). The business was founded by Sir Ian Wood in 1982, when it split away from JW Holdings, the largest fishing company in Scotland. 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 . Wood’s nuclear energy business designs, delivers and maintains nuclear assets for customers primarily in the UK. 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. Explore the opportunities to join #TeamWood in 2020 now. Our website makes it possible to view other available documents related to WOOD NUCLEAR LIMITED. 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. 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 - … Company status. Nuclear. 1105 Lakewood Parkway, Suite 300, Alpharetta Atlanta, GA 30009 Georgia United States. Booths Park, Chelford Road, Knutsford, Cheshire, WA16 8QZ. Find out more information about WOOD NUCLEAR LIMITED. 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 … Our brilliant employees are making what once seemed impossible, possible, every day. 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. 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 operates as a construction company. 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. Tel: +1 770 360 0600. Active. The company current operating status is Active and registered office is at BOOTHS PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE. Home The Middle East is a key growth area for Wood. The deal represents a multiple of approximately 12.4x based on 2018 EBITDA of £20.2 million ($26.3 million). 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. 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. 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.. Wood Nuclear Holdings … $300 million) on a debt-free, cash-free basis. The company current operating status is Active with registered address BOOTHS PARK, CHELFORD ROAD, KNUTSFORD, CHESHIRE. Wood has been present in the Caspian region for over 20 years. Jacobs Clean Energy Limited is an active company incorporated on 28 June 1973 with the registered office located in London, Greater London. > Nuclear. 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. About Wood. 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. We are known in Europe for our unrivalled asset familiarity and performance-driven solutions throughout the asset life cycle, from development to decommissioning. 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. The transaction represents an enterprise value-to-expected pro forma calendar year (CY) 2019 adjusted EBITDA multiple of 7.9x, assuming £10 million … Our footprint in Africa continues to expand. For more than 125 years, Wood has delivered comprehensive services throughout North America to support our customers across the complete asset life cycle. UK’s competition watchdog to investigate Jacobs’ acquisition of Wood Nuclear Limited. Jacobs has snapped up Wood Nuclear, the nuclear services arm of Scottish energy giant John Wood Group, for £250m. History. for WOOD NUCLEAR HOLDINGS LIMITED (03725076) Registered office address. 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). WOOD NUCLEAR HOLDINGS LIMITED was incorporated on 3 March 1999 (Wednesday) as a Private Limited Company in UK. You have at your disposal scanned copies of official documents submitted by the company at Companies House. 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. Company type. Wood Nuclear Limited generates nuclear and conventional power. There are currently 3 active directors and 1 active secretary according to the latest confirmation statement submitted on 30th June 2020. View a selection of projects that we've worked on around the world. > WOOD NUCLEAR HOLDINGS LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity 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 … Sectors It was created in February 1971 from the de-merger of the … 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. The cash proceeds from the nuclear divestment and the recent sale of Wood’s industrial services business generated a total of $429m. 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