Dar Al Handasah takes over Turkish engineering consultancy
DUBAI, May 7, 2023
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.
Announcing the strategic move, Dar Al Handasah said this was aimed at strengthening its foothold in Türkiye and Central Asia and reinforcing its leadership position in the Middle East and Africa in water resources, dams and hydropower.
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 $540 billion for 950 clients worldwide.
"The addition of Su-Yapı to our family of brands supports our strategy for growth in key sectors and regions," remarked Talal Shair, the 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," he stated.
Director of Operations for Türkiye at Dar Beshara Wakim pointed out that this partnership presented a significant opportunity to leverage its combined resources and competencies for collaborative growth and renewed ambition.
On the key transaction, Su-Yapı's Chairperson Sedef Odabaşı Erdoğan said: "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," she stated.
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, she added.-TradeArabia News Service