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Diversified industrials

Zahid Group

Saudi Arabian family business group and 49% consortium partner in the Barloworld acquisition.

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Barloworld Equipment showroom with yellow Caterpillar machines
A Barloworld Equipment showroom with Caterpillar machines. Business Report published the supplied photograph in May 2025. Photo: Supplied via Business Report · Source

Zahid Group is a Saudi Arabian diversified business group. [1]

Its Falcon Holding vehicle held 49% of Newco in the acquisition circular. [1]

Barloworld later described Zahid Group as the consortium’s 49% partner. [2]

History

Zahid Group also has long experience as a Caterpillar dealer. [1]

Frequently asked questions

Does Zahid Group control the Barloworld acquisition vehicle?

It holds 49%. Entsha holds the 51% majority position. [1][2]

Key milestones

  1. The circular disclosed Falcon Holding’s 49% Newco position. [1]

  2. Barloworld described Zahid Group as the 49% consortium partner. [2]

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

Sources

  1. Barloworld, Circular to shareholders: Newco offer, 2025-01-29. Original source. Accessed 2026-11-14. ↩
  2. Barloworld, A New Dawn: Entsha-led acquisition marks Barloworld’s next chapter, 2026-01-29. Original source. Accessed 2026-11-14. ↩