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Bidvest Group is a South African services, trading, and distribution company that owns a diverse set of businesses.


History

Bidvest was founded in 1988 by Brian Joffe and listed on the
Johannesburg Stock Exchange JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 ...
in 1990. The Bidvest Group Limited has a corporate office in
Johannesburg Johannesburg ( , , ; Zulu language, Zulu and Xhosa language, Xhosa: eGoli ) (colloquially known as Jozi, Joburg, Jo'burg or "The City of Gold") is the most populous city in South Africa. With 5,538,596 people in the City of Johannesburg alon ...
, South Africa. , it employed approximately 132,870 people. The Bidvest Group Limited board comprises eleven members. In March 2019 Bidvest named Executive Director Mpumi Madisa as CEO-designate. After the retirement of Lindsay Ralphs on 30 September 2020, Mpumi Madisa assumed the role of Bidvest CEO. A plan first developed in 2012 and coming to fruition in 2016 saw the conglomerate unbundle its businesses. It split into a number of different businesses and sold off some others. One of the biggest was the separating of the Bidvest Food Services into a new listed company named Bidcorp that would focus on the food production and distribution businesses. In December 2024, Bidvest Group sold its subsidiary
Bidvest Bank Bidvest Bank, (BVBL), is a business bank in the Republic of South Africa. It is licensed by the Reserve Bank of South Africa, the national banking regulator. It is a niche bank specialising in foreign exchange and providing retail banking, ...
to a Nigerian banking group's local South African subsidiary
Access Bank South Africa Access Bank South Africa, formerly Grobank Limited, is a commercial bank in South Africa. It is licensed by the Reserve Bank of South Africa, the central bank and national banking regulator. The bank began commercial operations in June 2021, ...
for R2.8billion.


See also

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Bidvest Insurance Bidvest Insurance, a subsidiary of the Bidvest Group based in South Africa, is an authorised financial services provider in short-term insurance, specialising in personal and automotive value add insurance products. Bidvest Insurance is part of ...
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Bidvest Bank Bidvest Bank, (BVBL), is a business bank in the Republic of South Africa. It is licensed by the Reserve Bank of South Africa, the national banking regulator. It is a niche bank specialising in foreign exchange and providing retail banking, ...
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Steinhoff International Steinhoff International was a multinational corporation, multinational holding company that was dual listed in Germany and South Africa. It was officially delisted in October 2023. Its holdings were in the retail sector, primarily in furnitur ...
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Woolworths Holdings Limited Woolworths (officially Woolworths Holdings Limited, and commonly referred to as Woolies) is a South African multinational retail company, headquartered in Cape Town. The company owns the South African luxury department and grocery store chain ...


References

{{Authority control Companies based in Johannesburg Bidvest companies Companies listed on the Johannesburg Stock Exchange South African companies established in 1988 Companies in the FTSE/JSE Top 40 Index