Jacobs Engineering Group Inc. has sold its 40% interest in Neste Jacobs Oy to the Neste Corp. After this transaction, Neste holds all shares in Neste Jacobs Oy.
The sale of Jacobs’ interest in Neste Jacobs Oy aligns with the company’s strategy outlined last year to grow profitably by executing a balance of organic growth, acquisitions and active portfolio management that positions Jacobs in the most attractive end markets and geographies.