The story
Origins
The company was founded in 1868 by civil engineer Thomas Meik, and originally bore his name, and later those of his sons, Patrick and Charles. It worked extensively on port, maritime and railway projects across the North of England, in Wales and in Scotland. During the 1890s, the business undertook the first of many international commissions.
20th century
During the first half of the 20th century, William Halcrow (later Sir William) directed the company to diversify into other areas of civil engineering, including tunnelling and hydroelectric schemes. The company was called on for various projects during the Second World War, this included the design and supervision of the construction of deep tunnel shelters, military ports, and the Mulberry Harbours (used in the D-Day landings). The company also consulted on the bouncing bomb developed by Barnes Wallis and on damage control measures during The Blitz.
After the conflict ended, Halcrow's attention was soon focused upon various schemes in Scotland. For the North of Scotland Hydro-Electric Board, a new generation of hydroelectric schemes to generate power for public consumption was developed. The Glen Affric scheme, started in 1947, was the biggest of these; however, there were similar projects in neighbouring catchments, such as Glen Garry and Glen Moriston – the latter including one of the first underground power stations in the UK – and Strathfarrar and Kilmorack.
In Wales, Halcrow's largest works were typically related to water supply schemes, such as the Claerwen dam (completed in 1952) and the Clywedog dam (completed in 1967), which created reservoirs that controlled the water levels of various rivers as well as reliably supplying various towns and cities across the West Midlands. Halcrow also designed several railway tunnels, such as the Woodhead Tunnel (completed in 1954) and at Potters Bar (completed in 1955), as well as starting work on the new Victoria line underground line beneath central London. Halcrow was also involved in the design studies produced for the Channel Tunnel. In the aftermath of the Aberfan disaster, Halcrow was engaged by the National Coal Board to monitor the condition of various colliery spoil tips across the country.
The company's overseas work at this time included a wide range of roads, bridges and harbours in countries such as Ghana, Libya and Mozambique. Halcrow also worked on multiple dams in Venezuela (Macagua Dam I - 1956), as well as a power station in Buenos Aires.
The firm had several names during the 20th century, including CS Meik and Buchanan (1920), CS Meik and Halcrow (1923), WT Halcrow and Partners (1941), Sir William Halcrow and Partners (1944), and, finally, Halcrow Group (1998).
21st century
By 2000, Halcrow Group's British-based projects accounted for roughly 60 percent of the company's turnover, while the remainder was derived from its undertakings outside of the British Isles. By this point, the firm's consultancy work included a wide array of water, transportation, maritime, environment, power and property projects. Its customers included government departments, public sector authorities and utilities, industrial and commercial companies, international funding agencies and financial institutions.
During 2008, the company reported a turnover of £468 million; by this point, projects undertaken outside the UK accounted for 48% of total turnover. It was long owned and managed by its employees and staff shareholders, Halcrow was operated as an independent concern up until late 2011.
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CH2M
During September 2011, CH2M Hill announced it was set to acquire the company, and on 10 November 2011 CH2M Hill announced that it had completed the acquisition of Halcrow in exchange for £124m.
It was subsequently reported that Halcrow was effectively rescued by CH2M Hill, having incurred a pre-tax loss of £71m in its last year of independent trading (to 31 December 2011), on a turnover of £238m, down from £331m in 2010. Accounts lodged with Companies House showed that CH2M Hill's financial backing was crucial to Halcrow's survival; the US firm agreed a secured loan to the company in December 2012 without which there would have been doubt regarding the firm's ability to continue as a going concern.
Jacobs Engineering Group
On 2 August 2017, CH2M agreed to be purchased by Jacobs Engineering Group in a US$2.85 billion cash and stock deal. Shareholders approved the deal in December 2017, and the completion of the acquisition was announced on 18 December.
From Wikipedia’s article on Halcrow Group, shared under CC BY-SA 4.0.4