We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Industrial conglomerate Bidvest, whose diverse interests include freight management and industrial products, has bought Australian cleaning services group BIC for A$160m (R1.8bn) as part of its strategy to bulk up its interests in facilities management.

The acquisition of Sydney-headquartered BIC will add almost 2,500 staff, with the BIC’s client base primarily that of premium offices in New South Wales. Its core cleaning service is augmented by a full range of hygiene, waste, maintenance and other ancillary services, the group said, while current management had signed agreements and remained committed to the business...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.