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Investment holding

Barloworld Newco

Special-purpose company used by the Entsha and Zahid consortium to acquire Barloworld.

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Historic Barloworld industrial facility photographed around 1970
A Barloworld facility around 1970, used here as a representative historical image. Photo: Caterpillar · Source

Newco was formed to make the offer for Barloworld ordinary shares. [1]

Entsha held 51% and Falcon Holding held 49% in the circular. [1]

Newco completed the compulsory acquisition of the remaining eligible shares in January 2026. [2]

History

The vehicle offered R120 in cash for each eligible Barloworld ordinary share. [1]

Frequently asked questions

Is Newco the same company as Barloworld?

No. Newco is the acquisition vehicle that bought Barloworld shares. [1]

Key milestones

  1. Newco published its offer through the Barloworld circular. [1]

  2. Newco completed the compulsory acquisition. [2]

Related people

Related articles

Related institutions

  • Barloworld — South African industrial processing, distribution and services group that became privately held in January 2026.
  • Entsha — South African investment company holding 51% of the Newco acquisition vehicle for Barloworld.
  • Zahid Group — Saudi Arabian family business group and 49% consortium partner in the Barloworld acquisition.

Sources

  1. Barloworld, Circular to shareholders: Newco offer, 2025-01-29. Original source. Accessed 2026-11-14. ↩
  2. JSE SENS, Confirmation of JSE and A2X approval for the Barloworld delisting, 2026-01-23. Original source. Accessed 2026-11-14. ↩