LOS ANGELES—AECOM Technology Corp. hasannounced plans to acquire Hunt Construction Co.in a move that will continue to expand the company's constructionservices footprint. The transaction is expected to close in Octoberof this year and would give AECOM pro forma 2013 revenues of $20billion.
“The acquisition of Hunt accelerates our strategy to be apremier, fully integrated service provider—able to design, build,finance and operate infrastructure projects,” Michael S.Burke, president and CEO of AECOM, tells GlobeSt.com.
Hunt Construction Co. has 700 employees, nine US offices and had$1.2 billion in revenues last year. The combined company will have95,000 employees with offices in 150 countries worldwide. Thepurchase price of the transaction was not disclosed. “In additionto expanding our existing construction services business, Hunt'scapabilities complement AECOM's design and architecture expertisein key sectors such as sports, airports and health care,” saysBurke. “What is most exciting to us is that we are able toleverage this expertise across our global platform.”
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