Bidvest on the prowl for assets
Acquisitions, locally and offshore, remain an integral part of the group’s growth strategy
04 March 2024 - 08:25
UPDATED 04 March 2024 - 20:46
Despite a muted market, cash-flush industrial major Bidvest is actively shopping around for high-return, cash-generative acquisitions to bulk up its local and offshore operations.
The JSE-listed group, whose diverse interests span cleaning services to used cars and freight management, continued its acquisitive and capital-intensive investment strategy in the half-year to the end of December despite the “pedestrian” trading backdrop...
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