Bidvest eyes more acquisitions despite tough conditions

Bidvest says its looking to make more large-scale investments in South African despite a tough economic environment. The services, trading and distribution group believes it has significant headroom to continue the group’s strategy of growth in its existing markets, as well as continuing to acquire divisional bolt-on business, and to pursue larger, value-adding opportunities locally. Bidvest has also said that internationally, the firm will target expansion in services and commercial products.
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