News Formal

Bidvest buys Australian cleaning company for R1.8 billion

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 61%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Listed services, trading, and distribution company, Bidvest, says it has acquired Australian cleaning specialist, BIC, for AUD160 million, approximately R1.8 billion.

The purchase is effective 7 July 2022 and will be settled from the group’s international bond proceeds raised in October 2021.

The company employs almost 2,500 people across 3,250 sites and its client base primarily comprise premium A-grade offices in New South Wales. Over the years, BIC is supported by a web-based reporting system that can be integrated into client systems and an interactive customer experience platform. “We are excited to have found a business and management team that I believe can contribute to advancing Bidvest’s international growth strategy and add value to a stakeholder base that now includes Australia”, said Mpumi Madisa, Bidvest chief executive.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 24. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Bidvest scoops up Australian cleaning business for R1.8bnThe acquisition of BIC Services adds a business employing 2,500 people, mainly cleaning offices in New South Wales
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Huge Group buying company formerly known as Virgin Mobile South AfricaSouth African telecoms and technology company Huge Group has announced it will acquire Tethys Mobile, the company formerly known as Virgin Mobile South Africa.
Fonte: mybroadband - 🏆 11. / 67 Leggi di più »