Divisional Overview

These are
our operations

Bidvest is a leading B2B services, trading and distribution Group operating in the areas of consumer, pharmaceutical and industrial products, outsourced hard and soft services, financial services, freight management, office and print solutions, travel services and automotive retailing. The diversified portfolio operates in two segments – business services, and trading and distribution – through seven divisions.

We have a blended portfolio of defensive and cyclical businesses that are diversified, essential and asset-light.

FY2022 key financials

 

Trading and distribution

Branded Products

Revenue

R19.1bn

+7%

Trading profit

R1.9bn

+27%

Leading distributor, supplier and manufacturer of a comprehensive suite of office products and services, branded household and pharmaceutical products as well as a provider of outsourced customer communication services.

Incorporating, amongst others: Waltons, Konica Minolta, Silveray, Kolok, Lithotech, Bidvest Data, Home of Living Brands, Masterpack, Adcock Ingram

Commercial Products

Revenue

R15.0bn

+7%

Trading profit

R1.2bn

+33%

Manufacturing, distribution and trading businesses, representing multiple leading industrial day-to-day branded products.

Incorporating, amongst others: Voltex, Plumblink, Matus, Renttech, Vulcan, G Fox, Berzacks, Afcom, Buffalo Tape, Yamaha, Academy Brushware, Cabstrut

Automotive

Revenue

R23.7bn

+12%

Trading profit

R0.8bn

+14%

Manufacturing, distribution and trading businesses, representing multiple leading industrial day-to-day branded products.

Incorporating, amongst others: Bidvest McCarthy, Burchmores

 

Business services

Services International

Revenue

R27.4bn

+26%

Trading profit

R3.1bn

+15%

The division offers a wide range of corporate outsourced services including cleaning, hygiene and is a leader in the provision of products and services that enhance the working environment through hygiene services and pest control, waste management, property and facilities management solutions. Operations span SA, UK, Ireland, Spain and Australia.

Incorporating, amongst others: Steiner, Prestige, Bidvest Facilities Management, Noonan, PHS, BIC

Freight

Revenue

R7.4bn

+19%

Trading profit

R1.8bn

+38%

Leading private sector freight management group in sub-Saharan Africa, drawing on more than 150 years of portside experience. Facilitates the storage, handling and movement of cargo through its independent terminal operations, international clearing and forwarding, logistics and marine services.

Incorporating, amongst others: Bidvest Tank Terminals, South African Bulk Terminals, Bulk Connections, Bidvest International Logistics, Manica Group Namibia, Bidvest SACD, Naval

Services South Africa

Revenue

R8.2bn

+14%

Trading profit

R0.9bn

+50%

Operating across multiple sectors, the division’s comprehensive and diverse range of service capabilities, which comprise security, travel, hospitality, catering and various allied products, creates a unique platform for customised client solutions in SA.

Incorporating, amongst others: Bidvest Protea Coin, Aquazania, GPT, BidAir Cargo, Rennies Travel, Execuflora

Financial Services

Revenue

R2.4bn

-8%

Trading profit

R0.09bn

-70%

Specialised fleet management and foreign exchange services, insurance and other financial services for the corporate and business markets. Bidvest Bank is a leading second tier bank.

Incorporating, amongst others: Bidvest Bank, Bidvest Insurance, Compendium, FinGlobal, Bidvest Life