Sidara Completes Acquisition of Wood plc to Strengthen Global Energy and Materials Capabilities

Sidara has completed the acquisition of Wood plc, a global leader in consulting, engineering, and operations for the energy and materials sectors, marking a major strategic milestone for the group.

The transaction significantly advances Sidara’s long-term ambition to expand and strengthen its global energy capabilities. Despite the acquisition, Wood will retain its brand and continue operating as a standalone business while benefiting from Sidara’s global scale and long-term owner-operator approach.

As per the firm, by integrating Wood’s strong technical expertise, including capabilities in digital technologies and decarbonization solutions, Sidara aims to position itself at the forefront of the evolving global energy landscape. The combined group intends to deliver energy security solutions while supporting the transition to cleaner energy systems and decarbonized infrastructure.

Sidara will continue operating through its five-pillar structure, which includes multidisciplinary engineering firm Dar, energy and materials specialist Wood, architecture and design firm Perkins&Will, infrastructure consultancy TYLin, and project management and advisory firm Currie & Brown.

This integrated model enables the group to support clients worldwide, from global energy and technology companies to hospitals, airports, and governments, across the full lifecycle of complex projects, from planning and design to project management, delivery, and facility operations.

With the addition of Wood, Sidara’s global collaborative now comprises more than 55,000 professionals and generates over USD 8.5 billion in annual revenue. The group’s geographic revenue distribution includes approximately 40 percent from North America, with Europe, the Middle East and Africa, and Asia Pacific each contributing about 20 percent.

Talal Shair, Chairman and Chief Executive Officer of Sidara, described the acquisition as the most ambitious venture in the company’s history.

He said that the partnership would strengthen Sidara’s long-term strategy to expand its energy offering and enable greater impact across the energy and materials sectors. Shair added that accelerating the energy transition and ensuring a sustainable supply of critical raw materials are among the defining challenges of the current era, and the combined capabilities of Sidara and Wood would help deliver innovative solutions for clients worldwide.