Dar Completes Acquistion of Su-Yapı
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).
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.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230504005051/en/
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Discover® Global Network Study Finds 93% of Global Fintechs Increased Reliance on Payment Networks Given the Current Economic Environment6.6.2023 08:02:00 EEST | Press release
Today, Discover shared a portion of the third annual Fintech State of the Union , the most comprehensive study of its kind in the industry, providing global perspectives from consumers, fintech vendors, and venture capitalists. The research study commissioned by Discover Global Network with 451 Research of S&P Global Market Intelligence surveyed global fintechs to identify emerging digital payments trends shaping the fintech ecosystem. Reliance on Payments Networks is Strong for Fintechs Per the study, fintechs are dependent on payments networks, with 93% saying the current economic environment has increased their business’s reliance on payments networks. Fintechs are looking for payments partners who are flexible (44%) and innovative (44%). Fintechs also say they benefit from payment networks the most through financial investment (42%), access to customers (38%), and technology enablement (38%). “As a payments network, it’s exciting to see both fintechs and venture capitalists lean in
Carbios Aims to be a Leader in Growing r-PET Market with an Ambition to Capture 8 to 12% Share by 2035 Through Licensing Model6.6.2023 07:45:00 EEST | Press release
Regulatory News: Carbios (Euronext Growth Paris: ALCRB), a biotech company pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, will hold its 2023 Strategic Update today at 2pm CET in which it provides details of its business model for 2030 and 2035. Carbios announces its ambition to be a leading player in the global r-PET market by capturing between 4 and 8% of market share by 2030 and between 8 and 12% by 2035. CLICK HERE TO JOIN THE WEBCAST AT 2pm CET OR TO VIEW THE REPLAY Emmanuel Ladent – Chief Executive Officer and the Carbios Leadership team 6 June 2023, from 2pm CET to 4pm CET (Paris Time) https://edge.media-server.com/mmc/p/u2qw4cir France Dial-in: +33 170918704 / UK Dial-in: +44 1 212818004 1. A VALUE-CREATING BUSINESS MODEL Carbios’ business model, based on the licensing of its unique PET biorecycling technology2, relies on a CapEx lean approach and 3 sources of revenue (upfront payments and two recur
VeriSilicon Obtained Bluetooth 5.3 Certification for Its Complete Bluetooth Low Energy Solution6.6.2023 03:30:00 EEST | Press release
VeriSilicon (688521.SH) today announced its complete Bluetooth Low Energy (BLE) solution has passed the Bluetooth 5.3 certification issued by Bluetooth SIG. This complete BLE solution integrates VeriSilicon’s self-developed radio frequency (RF) IP, baseband IP, and software protocol stack, offering a one-stop solution compliant with the Bluetooth Core Specification Version 5.3. It caters to multiple IoT sectors, including industry, automobile, smart home, smart city, and healthcare, empowering customers to significantly reduce design time, mitigate risks, lower costs, and accelerate time-to-market of their products. Bluetooth Core Specification Version 5.3 brings enhancements to the BLE specification, including low-rate connection, periodic advertising, and channel classification, thereby enhancing the wireless coexistence and security of Bluetooth-enabled products. VeriSilicon’s complete BLE solution is based on 22nm FD-SOI process node, and its receiver sensitivity of RF transceiver
IPS Appoints Jim Stephanou as New CEO5.6.2023 21:30:00 EEST | Press release
IPS, a leading provider of architecture, engineering, procurement, construction management, and validation services for the life sciences sector, announces the appointment of Jim Stephanou, as its new Chief Executive Officer (CEO) to lead the company into its next phase of growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230605005759/en/ IPS is excited to announce the appointment of Jim Stephanou as its new Chief Executive Officer (CEO) to lead the company into its next phase of growth. (Photo: Business Wire) Mr. Stephanou is a well-recognized and accomplished leader in the Pharmaceutical Industry with over thirty years of experience in manufacturing operations and engineering. His most recent role was Vice President, Global Engineering Solutions at Merck & Co., Inc., a position he held for eight years. During that time, he was responsible for managing and overseeing one of the largest capital investment cycles of any
Translated Unleashes Full GPT-4 Potential for Businesses Operating in Languages Other Than English5.6.2023 18:06:00 EEST | Press release
In a significant breakthrough for generative AI and content creation, Translated, a leader in AI-enabled language solutions, is proud to introduce its innovative language model T-LM (Translated Language Model). T-LM will help unlock the full potential of OpenAI’s GPT-4 for businesses around the world. It provides companies with a cost-effective solution to create and restructure content in 200 languages, bridging the performance gap between GPT-4 in English and non-English languages. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230525005702/en/ (Graphic: Business Wire) Until now, GPT's impressive performance has been a privilege of the English-speaking world. Companies operating in languages other than English have often found their performance lagging behind that of GPT models from several years ago, with some languages trailing by as much as three years. For these companies, the performance gap in understanding, generati
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom