Baker Botts advised on the deal
WorleyParsons has entered into a binding agreement to acquire Jacobs Energy, Chemicals & Resources division, a leading global technical services provider across Hydrocarbons, Chemicals and Mining & Minerals. ECR has a global footprint with long-term, blue-chip relationships in key strategic markets, most notably the US, Canada, the Middle East and India. The business has more than 30,900 employees in 27 countries*.
Jacobs ECR is ranked number one globally for its delivery of complex petrochemical and chemical projects, its maintenance, modifications and operations (MMO) for hydrocarbons projects, including onshore and offshore production facilities and integrated project delivery, construction and technical services.
In combining the two complementary organizations WorleyParsons will create a pre-eminent global provider of project and asset services in resources and energy and provide global sector leadership across hydrocarbons, chemicals and minerals & metals.
Baker Botts represented WorleyParsons with a team including Efren Acosta (Picture); Laura Katherine Mann (Senior Associate, Houston); Katie Belleville (Associate, Houston); Steven Lackey (Associate, Houston); Sunil Jamal (Associate, Houston); Ieuan List (M&A); Tom Fina (Partner, Washington); David Cardwell (Counsel, Brussels); Roxanne Tonnelier (Associate, Brussels); Tom Carter (Antitrust); Paul Luther (Partner, Washington); Jason Wilcox (International Trade); Ron Scharnberg (Partner, Houston); Peter Farrell (Tax), Chris Pratt (Employee Benefits); Robinson Vu (Partner, Houston) and Steve Maule (Intellectual Property).
Involved fees earner: Efren Acosta – Baker Botts; Laura Katherine Mann – Baker Botts; Katie Mize Belleville – Baker Botts; Steven Lackey – Baker Botts; Sunil Jamal – Baker Botts; Ieuan List – Baker Botts; Thomas Fina – Baker Botts; David Cardwell – Baker Botts; Roxane Tonnelier – Baker Botts; Thomas Carter Jr. – Baker Botts; Paul Luther – Baker Botts; Jason Wilcox – Baker Botts; Ron Scharnberg – Baker Botts; Peter Farrell – Baker Botts; Chris Pratt – Baker Botts; Robinson Vu – Baker Botts; Steve Maule – Baker Botts;
Law Firms: Baker Botts;
Clients: WorleyParsons Ltd;