Bidvest on the Hunt for Acquisitions After Food-Services Spinoff

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  • Industrial company looking in South Africa, internationally
  • Bidvest has strong balance sheet; can raise debt for deals

Bidvest Group Ltd., the South African industrial company that spun off its food-services unit this year, is seeking acquisitions both locally and internationally and has the ability to borrow funds to finance deals, Chief Executive Officer Lindsay Ralphs said.

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