Q1
February 2023
Barloworld/Zeda
Sandile Magagula
Barloworld Limited is a global industrial company founded in 1902 with operations in 16 countries. At the Group’s helm is CEO, Dominic Sewele who is hailed for giving the group’s operations its refreshed shape, following the successful sale of low margin businesses like Iberia, as well as the motor retail and logistics businesses. The group operates within two core divisions – Ingrain and Industrial Services – with the former focusing on consumer industries and the later, industrial equipment and services.
As alluded to in its name, Ingrain is a consumer-focused business, and Africa’s largest producer of unmodified and modified starch, glucose, and related products. Ingrain supplies its final product to several companies in industries such as food and beverages, paper manufacturing, pharmaceuticals, building materials and adhesives.