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Barloworld Limited
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Barloworld Limited
Barloworld (officially Barloworld Limited) is a South African holding company, with interests in the fields of industrial equipment, industrial services, and agriculture.
Once a large conglomerate with many unrelated businesses, ranging at various times from mining, information technology, and building materials, to motor vehicles, it has since repositioned itself and unbundled many of its assets.
The company used to be the sponsor of the Barloworld cycling team.[citation needed]
Barloworld was founded in Durban by Major Ernest (Billy) Barlow in 1902 as Thomas Barlow and Sons, selling wool products, and later engineering equipment. It was expanded by his son Charles Sydney (Punch) Barlow who expanded into the sale and service of Caterpillar products in 1927.
In 1940, after moving its headquarters to Johannesburg, it listed on the JSE. Barlow entered the motor business, and eventually expanded into the manufacture of cement, paint, stainless steel and household appliances, as well as mining, through the acquisition of Rand Mines Limited in 1971, with the new company called Barlow Rand.
Barloworld entered the Russian market in 1998, through its subsidiary Vostochnaya Technica. Barloworld is the official Caterpillar dealer for parts of Russia.
In 2015, the company employed 19,745 around the world.
In November 2016, Barloworld and German company BayWa entered into a joint venture (JV) to expand their agriculture and materials handling operations in Southern Africa.
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Barloworld Limited
Barloworld (officially Barloworld Limited) is a South African holding company, with interests in the fields of industrial equipment, industrial services, and agriculture.
Once a large conglomerate with many unrelated businesses, ranging at various times from mining, information technology, and building materials, to motor vehicles, it has since repositioned itself and unbundled many of its assets.
The company used to be the sponsor of the Barloworld cycling team.[citation needed]
Barloworld was founded in Durban by Major Ernest (Billy) Barlow in 1902 as Thomas Barlow and Sons, selling wool products, and later engineering equipment. It was expanded by his son Charles Sydney (Punch) Barlow who expanded into the sale and service of Caterpillar products in 1927.
In 1940, after moving its headquarters to Johannesburg, it listed on the JSE. Barlow entered the motor business, and eventually expanded into the manufacture of cement, paint, stainless steel and household appliances, as well as mining, through the acquisition of Rand Mines Limited in 1971, with the new company called Barlow Rand.
Barloworld entered the Russian market in 1998, through its subsidiary Vostochnaya Technica. Barloworld is the official Caterpillar dealer for parts of Russia.
In 2015, the company employed 19,745 around the world.
In November 2016, Barloworld and German company BayWa entered into a joint venture (JV) to expand their agriculture and materials handling operations in Southern Africa.