https://newsletter.en.creamermedia.com

Barloworld looks to the future as a privately held company

29th January 2026

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

South African holding company Barloworld has been successfully acquired by the Entsha-led consortium and subsequently delisted from the JSE and A2X, marking a new phase in the group’s evolution as a privately held, South African-led industrial business.

The consortium is majority owned (51%) by Entsha, a 100% black-owned South African investment company associated with the Sewela family, with Zahid Group holding a 49% minority interest as a long-term financial partner.

The transaction is operator-led and anchored by Dominic Sewela, whose leadership journey within Barloworld spans nearly two decades.

He was appointed CEO of Equipment South Africa in 2007, advanced to COO in 2011, and became CEO of Barloworld Equipment Southern Africa in 2012.

He later served as Deputy Group CE from February 2016 before being appointed Group CE in February 2017.

“What this transaction does is bring together experienced executive leadership and patient capital that understands the business,” Sewela avers.

“Operating in the unlisted space gives us the strategic agility to focus on the core of our business – serving our customers in all market conditions and supporting the wellbeing of our employees. This transition allows us to move beyond the short term and adopt the long-term perspective required to drive sustainable growth and create intrinsic value for all our stakeholders,” he adds.

The consortium structure aims to ensure continuity across the business. Zahid is a long-term investor in Barloworld, having maintained an enduring stake in the group over many years.

The structure strengthens direct black ownership, aligned to the group’s commitment to broad-based participation for employees and communities.

Barloworld will remain headquartered in South Africa, continuing to anchor its operations across Southern Africa.

Sewela says the transaction is an “unprecedented and defining moment” in the South African landscape. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Latest News

Reserve Bank Governor Lesetja Kganyago
Reserve Bank keeps repo rate steady in split decision
Updated 2 hours 45 minutes ago By: Reuters

Showroom

Craig Miller Technical Services (CMTS)
Craig Miller Technical Services (CMTS)

CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...

VISIT SHOWROOM 
Flanders Electrical SA
Flanders Electrical SA

FLANDERS Southern Africa provides integrated solutions for mining and industrial operations, covering field services, automation, electrification,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.491 0.601s - 185pq - 2rq
Subscribe Now