Naledi Inhlanganiso Holdings

What Naledi Inhlanganiso Holdings does

Naledi Inhlanganiso Holdings is a privately held, 100% black-owned South African industrial group (more than 51% black-women owned) that manufactures and supplies steel and iron products. Established in 2013 by Group Executive Chairman Sibusiso Maphatiane, it is headquartered in Vereeniging and operates through four divisions: Naledi Foundry (steel, grey iron, spheroidal graphite and high-chrome castings for automotive, earth-moving, mining, rail, energy and valve customers — the third-largest foundry in the Southern Hemisphere); Naledi Ringrollers (seamless forged and rolled products plus solid metal tyres for rail, petrochemical, civil engineering and power generation — among the largest forging operations in the southern hemisphere, housing the only solid metal tyre plant in Africa); CBC (asbestos-free composite brake blocks and brake pads, ~720,000 on-tread units and ~1.2 million backing plates annual capacity out of a 4,800m² Rosslyn facility); and Naledi Resources (61% of Vandaspark (Pty) Ltd, holding the Rondevly Greenfield coal prospecting right in Mpumalanga).

The group originated from the 2013 acquisition of the foundry arm of the then-listed Dorbyl Ltd via a consortium with the Industrial Development Corporation (IDC) and an Employees Trust; Dorbyl was delisted in July 2014 and the foundry structurally separated by May 2016. Naledi subsequently acquired DCD Ringrollers (c.2016), adding solid metal tyre capability, and completed a post-delisting capital investment programme in May 2017. It supplies grinding media to Eskom and forged train wagon wheels to Transnet Engineering under a 2014 tender and 2015 supply agreement, with plans to move into railway undercarriages, bogies and wheels.

Naledi's revenue model is direct B2B hardware sales of industrial components to enterprise and government customers in South Africa and internationally; pricing is contract-negotiated and not publicly disclosed. Go-to-market is enterprise field sales anchored on SOE and mining/energy buyers, with ~450 permanent employees and stated potential to add ~40 more. There is no evidence of recurring software, subscription, or licensing revenue.

Name

Naledi Inhlanganiso Holdings

Legal name

Naledi Inhlanganiso Holdings

Website

https://ni-holdings.co.za

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

251–500 employees

Short description

Naledi Inhlanganiso Holdings is a privately held South African industrial group that manufactures steel and iron castings, seamless forged and rolled products, composite railway brake blocks and related components for rail, mining, energy, automotive and infrastructure customers, including Eskom and Transnet Engineering.

Ownership category

akta.pro rank

Product category

Industrial Steel and Iron Manufacturing

NAICS

Mining Machinery and Equipment Manufacturing (333131), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Wholesale-Industrial Machinery & Equipment (5084), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Wear Parts & Consumables (GET, Liners, Drill Bits, Grinding Media) (IMAKANAH)

akta.pro secondary industry

Wear Parts & Consumables (Liners, Mantles, Hammers) (IMAHAMAK)

Keywords

• Steel castings manufacturing
• Iron foundry products
• Forged rolled products
• Railway brake blocks
• Grinding media production

Headquarters

HQ city

Vereeniging

HQ country

South Africa

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Steel and Iron Product Manufacturing and Sales: Manufacturing and supplying high quality steel and iron products including castings, forgings, and rolled products to customers in South Africa and internationally. Revenue generated through product sales across multiple divisions (Foundry, Ringrollers, CBC).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Naledi Inhlanganiso Holdings is a black-owned industrial manufacturer and supplier of high quality steel and iron products operating across four divisions: Naledi Foundry produces steel, grey iron, spheroidal graphite and high chrome castings; Naledi Ringrollers manufactures seamless forged and rolled products including solid metal tyres for trains; CBC designs asbestos-free composite brake blocks and backing plates for railway applications; and Naledi Resources holds a coal prospecting right through its 61% stake in Vandaspark (Pty) Ltd. The group serves enterprise and government customers locally in South Africa and internationally across railway, mining, energy, infrastructure, automotive, earth-moving and valve sectors.

Product overview

Naledi Inhlanganiso Holdings is a 100% black owned manufacturer and supplier of high quality steel and iron products. The company operates as a multi-division industrial group with four core divisions: Naledi Foundry (producing cast steel, grey iron, and high chrome castings), Naledi Ringrollers (manufacturing seamless forged and rolled products including solid metal tyres), CBC (producing asbestos-free composite brake blocks and brake pads), and Naledi Resources (coal prospecting through its Vandaspark subsidiary). The group also manufactures grinding media and forged train components. The divisions serve diverse industries including automotive, earth moving equipment, mining, railway, power generation, and transport, both locally and internationally.

Differentiator

Problem solved

Functional benefit

Brands

• Naledi Foundry: Produces high quality Steel, Grey Iron, Spheroidal Graphite, and High Chrome castings for multiple industries
• Naledi Ringrollers
• CBC
• Naledi Resources

Products and services

• Naledi Foundry — Steel, Grey Iron, Spheroidal Graphite and High Chrome Castings Produces high quality Steel, Grey Iron, Spheroidal Graphite and High Chrome castings for the Automotive, Earth Moving Equipment, Grinding Media, Infrastructure, Mining, Railway, Rolling Stock, Transport and Valve sectors, supplied to local and international markets.
• Naledi Ringrollers — Seamless Forged and Rolled Products Manufactures seamless forged and rolled products for the Rail, Petrochemical, Civil Engineering, Power generation and medium to heavy engineering industries, including the manufacture and fitment of solid metal tyres for trains.
• CBC — Asbestos-Free Composite Brake Blocks and Brake Pads Designs and develops asbestos-free composite brake blocks and brake pads to customer specifications for railway transport applications, with annual capacity of up to 720,000 on-tread railway brake blocks and 1.2 million brake block backing plates.
• Naledi Resources — Coal Prospecting (Vandaspark Rondevly Project) Holds the Rondevly Coal Prospecting Right near Delmas in Mpumalanga through its 61% stake in Vandaspark (Pty) Ltd, covering greenfield coal prospecting and resource operations.
• Grinding Media for Minerals Processing Manufactures grinding balls for minerals processing operations used by mining and energy customers, addressing the 40–45% of total extraction costs typically represented by grinding media consumption.
• Forged Train Wagon Wheels Manufactures forged train wagon wheels supplied to railway operators under tender and contract, notably to Transnet Engineering following the September 2014 tender award.

Quantifiable outcome

• Naledi Ringrollers acquired DCD Ringrollers - the largest solid metal tyres plant in the world and only one of its kind in Africa
• +3 more outcomes

Named customers2 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Transnet EngineeringcoreStrategic or Co-development PartnerAwarded tender to Naledi for manufacturing of forged wagon wheels in September 2014 after public tender process. Final supply agreement signed March 2015. Key partners Richard Vallihu and Thoba Majoka took the risk to award tender to black-owned company for first time.

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• ME Elecmetal: Chilean-based global manufacturer of grinding media, mill liners and mining wear parts. Directly comparable to Naledi's grinding media supply into African mining customers and overlapping in commodity-driven mining consumables.
• Magotteaux: Belgian-headquartered global leader in grinding media and wear parts for mining, cement and quarrying. Direct competitor to Naledi's grinding media and mining castings lines, supplying the same African mining customers and competing on similar product specifications.
• Bradken: Global foundry and wear products manufacturer for mining, resources and rail customers (now part of Hitachi's mining portfolio). Closely comparable diversified casting and wear-parts model serving the same mining and railway end-markets as Naledi.

Broad incumbents

• Wabtec Corporation: Global rail equipment and services supplier including braking systems and rolling stock components. Comparable to Naledi's CBC brake block division and Ringrollers forged rail wheels via overlap on rail braking and wheel/tyre products.
• Weir Group: UK-listed global mining and infrastructure equipment provider (pumps, valves, grinding media, parts). Overlaps with Naledi's grinding media and mining wear components businesses while serving a much wider international mining customer base.
• ArcelorMittal South Africa: South Africa's largest steel producer with broad flat and long product, rail and structural capabilities. A broader incumbent operating across the steel value chain that overlaps with Naledi's downstream castings, forgings and rail components on certain customer accounts.
• Metso: Finnish-listed global leader in mining, aggregates and metals processing equipment and wear parts. Comparable as a broader incumbent supplying crushing, grinding and materials handling equipment into the same mining customers that buy Naledi's grinding media and castings.

Regional players

• Thos Begbie: South African foundry established in the late 19th century producing cast and machined components for mining, power and industrial customers. Comparable regional competitor in South African castings serving overlapping mining and industrial end-markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Naledi Inhlanganiso Holdings