Dar Completes Acquistion of Su-Yapı
Dubai, United Arab Emirates, 04 May 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.
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.