Bidvest scoops up Australian cleaning business for R1.8bn

Industrial conglomerate Bidvest, whose diverse interests include freight management and industrial products, has bought Australian cleaning services group BIC for A$160m , 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...

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