M&A Deal Summary

Fluor Acquires J.A. Jones International Division

On November 3, 2003, Fluor acquired construction company J.A. Jones International Division from J.A. Jones Construction

Acquisition Highlights
  • This is Fluor’s 2nd transaction in the Construction sector.
  • This is Fluor’s 2nd transaction in the United States.
  • This is Fluor’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2003-11-03
Target J.A. Jones International Division
Sector Construction
Buyer(s) Fluor
Sellers(s) J.A. Jones Construction
Deal Type Divestiture

Target

J.A. Jones International Division

Charlotte, North Carolina, United States
J.A. Jones International Division ,building and renovating U.S. embassies worldwide

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Buyer(S) 1

Buyer

Fluor

Irving, Texas, United States

Category Company
Founded 1912
Sector Engineering
Employees30,187
Revenue 15.5B USD (2023)
DESCRIPTION
Fluor's campus in Greenville, South Carolina.
Fluor's campus in Greenville, South Carolina.

Fluor provides engineering, procurement, construction, maintenance (EPCM), and project management to governments and clients in diverse industries around the world. Fluor develops and implements solutions for complex project issues in diverse industries, including chemicals and petrochemicals, commercial and institutional (C&I), government services, life sciences, manufacturing, mining, oil and gas, power, renewable energy, telecommunications, and transportation infrastructure. Fluor was founded in 1912 and is based in Irving, Texas.


DEAL STATS #
Overall 2 of 8
Sector (Construction) 2 of 2
Type (Divestiture) 1 of 3
State (North Carolina) 1 of 1
Country (United States) 2 of 4
Year (2003) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-27 DEL-JEN

Clarksville, Tennessee, United States

DEL-JEN, Inc. provides operations and maintenance services at military bases; engineering and construction services; and education and training services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-31 British Nuclear Group

Warrington, United Kingdom

British Nuclear Group Ltd. a nuclear management services.

Buy -

Seller(S) 1

SELLER

J.A. Jones Construction

Charlotte, North Carolina, United States

Category Company
Founded 1890
Sector Construction
DESCRIPTION

J.A. Jones Construction Co. provides design-build and construction services in the United States.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2003) 1 of 1