DLA Piper Advises Barloworld Through ZAR23B Investor Offer.
DLA Piper has advised Barloworld Limited, a leading South African industrial processing, distribution, and services company, on a cash offer valued at approximately ZAR23 billion to its shareholders. The offer was made by a consortium of investors, marking a significant transaction in the South African corporate landscape.
The transaction was led by a Johannesburg-based team from DLA Piper, spearheaded by Johannes Gouws (Country Managing Partner) and Peter Bradshaw (Corporate Location Head). The core team also included Jonathan Singh and Lorica Elferink (Corporate Directors), Werner Rysbergen (Competition Director), Zama Shoba (Senior Associate), Dharshini Naidoo (Associate), and Nicole Sentoo (Associate Designate).
Commenting on the deal, Johannes Gouws said:
“We are privileged to act for Barloworld on such a potentially transformative transaction for the company. This transaction is further evidence of the growing interest from global investors in the South African economy.”
Barloworld is a South African industrial group focused on equipment, services, and food & ingredients. With over 120 years of experience, it partners with top OEMs like Caterpillar to deliver integrated solutions across mining, construction, and agriculture in southern Africa.
DLA Piper is a global law firm with a strong reputation for providing legal services across a broad spectrum of industries and sectors. With offices in more than 40 countries, the firm offers comprehensive legal solutions in areas such as corporate law, litigation, intellectual property, real estate, and regulatory matters. DLA Piper serves a diverse range of clients, including multinational corporations, governments, and individuals, delivering innovative and strategic advice. The firm is known for its collaborative approach, providing tailored legal expertise to address complex, cross-border issues while maintaining a commitment to exceptional client service.
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