Is Barloworld a South African company?
Is Barloworld a South African company?
Barloworld Limited is an industrial brand management company, founded in South Africa.
What industry is Barloworld Equipment?
Barloworld is an industrial processing, distribution, and services company with two primary areas of focus: Industrial Equipment and Services and Consumer Industries (food and ingredient solutions).
How many employees does Barloworld Equipment have?
Company Growth (employees)
| Employees (est.) (Feb 2019) | 17,417 | (-4%) |
|---|---|---|
| Website Visits (Feb 2022) | 12.8 k | |
| Revenue (FY, 2020) | R49.7 B | (-17%) |
| Share Price (May 2022) | R88.2 | (-9%) |
| Cybersecurity rating | B | More |
Who is buying Barloworld Logistics?
Barloworld in January announced the proposed sale of its motor retail business to NMI Durban South Motors (NMI-DSM), a joint venture of the Barloworld Group in which Barloworld holds a 50% interest alongside the Akoo family, for an estimated R947. 26 million.
Who bought Barloworld?
NMI Durban South Motors
Barloworld concludes disposal of Motor Retail business Effective today, 1 June 2Barloworld Group today announces the successful conclusion of the sale of its Motor Retail business to NMI Durban South Motors (“NMI-DSM”).
Who is the CEO of Barloworld?
Dominic Malentsha Sewela (Feb 8, 2017–)Barloworld Limited / CEO
How big is Barloworld?
Our Tractor Division grows to 30 companies occupying 64 hectares of land, with over 2000 staff members. 1993: We continue to increase our footprint when the Cat dealerships in Spain (Barloworld Finanzauto) and Portugal (Barloworld STET) are included in our operations.
Has Barloworld logistics been sold?
In June, Barloworld completed the R1bn sale of its motor retail business as part of a strategy led by CEO Dominic Sewela to rejig the company’s portfolio. Sewela steered the company through the Covid-19 crisis, cutting costs in 2020 that included retrenchments and selling off loss-making assets.
Is Barloworld closing?
Barloworld to sell its logistics business by the end of the year.
Has Barloworld Logistics been sold?
Who is the owner of Barloworld?
What happened to Barloworld?
Barloworld will be exiting the logistics sector, says CEO Dominic Sewela. Announcing the company financial results for the six months ended March 31, he said that the business had been given a three-year period to turn around, with a decision on its future scheduled for September this year.
