CSG Holdings: Not another Bidvest, but still promising
Has CSG been the victim of a moribund domestic economy or strategic own goals – or a combination of the two?
04 June 2019 - 13:00
The mission of CSG Holdings is, according to CEO Pieter Dry, to grow outside its former staffing solutions core into service delivery businesses that are more technology driven and have a higher barrier to entry.
Recent years have indeed shown that the CSG has successfully transitioned. The group now has three divisions: facilities management (35% of revenue and 37% of operating profit), security and risk solutions (20%-23%) and staffing solutions (45%-40%)...
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