Zahid Group acquires Barloworld

Zahid Group agreed to acquire Barloworld. Reported deal value: $1.25B. Status: Announced. Sector: Construction and Mining. Target headquarters context: 61 Katherine St, Sandton, South Africa.

This page summarizes publicly available information about the transaction as of 2026-01-24. Figures and status may change as filings and press coverage update.

Saudi giant finally acquires 123 - year -old South African firm Barloworld in $1.3 billion deal Olamilekan Okebiorun 24 January 2026 07:19 AM Saudi Arabia Zahid Group has formally completed the acquisition of South African industrial company Barloworld , sealing a R23 billion deal that takes the 123 - year -old firm private and marks one of the most significant Middle East–Africa corporate takeovers in recent year s