Dar Completes Acquistion of Su-Yapı
4.5.2023 11:19:00 CEST | Business Wire | Press release
Dar Al-Handasah Consultants (Shair and Partners) – Dar, a renowned international multidisciplinary consultancy, has acquired a majority stake in Su-Yapı Engineering & Consulting – Su-Yapı, one of Türkiye’s premier engineering consulting firms. With some 200 multidisciplinary professionals, Su-Yapı is a regional leader in water, wastewater, infrastructure, energy, dams and hydropower.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230504005051/en/
Dar Group Chairman - Talal Shair, Su-Yapı Chairwoman - Sedef Odabaşı Erdoğan, and executives from both firms – (Photo: AETOSWire)
This acquisition is a strategic move by Dar to strengthen its foothold in Türkiye and Central Asia and reinforce its leadership position in the Middle East and Africa in water resources, dams and hydropower.
“The addition of Su-Yapı to our family of brands supports our strategy for growth in key sectors and regions,” said Talal Shair, Dar Group Chairman and CEO. “We share a common mission to serve communities and deliver complex multidisciplinary iconic projects which create long-term social value.”
Director of Operations for Türkiye at Dar, Beshara Wakim, added, “This partnership presents a significant opportunity to leverage our combined resources and competencies for collaborative growth and renewed ambition.”
Expressing enthusiasm about the transaction, Sedef Odabaşı Erdoğan, Su-Yapı's Chairwoman, noted, “We are thrilled to become part of the Dar family, as we share common values and a purpose of Making Progress Together. We are excited about the potential opportunities this transaction brings for our staff, clients, and communities.”
Su-Yapı will continue to operate independently under its own brand while benefiting from the vast international network, resources, and capabilities of Dar Group where world-class specialist brands collaborate on quality, innovation, reliability, delivery and excellent customer relationships.
About Dar and Dar Group
Founded in 1956, Dar is a renowned international multidisciplinary consultancy providing planning, design, engineering, and project management services for buildings, cities, transportation, civil infrastructure, water, and the environment. With 7,800 professionals spread across 47 offices in 30+ countries, Dar has delivered 4,500 projects worth over US$ 540 billion for 950 clients worldwide. Dar founded Dar Group, an award-winning architecture, engineering, project management, and energy consultancy group, consistently ranked among the top 10 international design firms (Engineering News Record).
About Su-Yapı
Su-Yapı is a reputable Türkiye-based consultancy offering multidisciplinary services since 1964. With 700+ completed projects across 30+ countries in Türkiye, Central Asia, Europe, Middle East, and Africa, it is renowned for excellence in planning, design, engineering, and project management of dams, hydropower plants, infrastructure, environment, water resources, hydraulic structures, natural gas, transportation, and buildings.
*Source: AETOSWire
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Contact information
Haya Yahya
Haya.yahya@dar.com
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