Monday, 29 April, 2024 (Sydney) Sidara, a global design, engineering and consulting group with award-winning impact and global reach, announces it has entered into an underwriting agreement with two investment banks to sell a 19% shareholding in Worley Ltd. Following completion of the sale to equity investors, Sidara will no longer be a substantial shareholder in Worley.

Talal Shair, Sidara Chairman and CEO, said, “We will continue investing in building the design, engineering and consulting capabilities of our world-class brands and pursue growth opportunities across our markets.”

Enquiries:
media@sidaracollaborative.com

Sidara

Sidara is a global design, engineering, and consulting group with award-winning impact and global reach. Founded in 1956, Sidara has extensive operations across the US, EMEA and Asia and generated revenues of US$2.8bn in 2023.

Sidara has over 20,000 employees spanning 308 offices and 60 countries worldwide. Some of the industry’s most recognizable and specialist brands are part of Sidara, including award-winning global architecture firm Perkins & Will, global engineering firm TYLin, and specialist project management firm Currie & Brown.

Sidara in Australia

Sidara companies have been operating in Australia for more than 33 years. With around 150 employees across 6 offices in 3 locations, Sidara is helping support the delivery of significant building, energy and infrastructure projects across the country.