Bidvest on the Hunt for Acquisitions After Food-Services Spinoff

  • 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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.