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The Bidvest Group

The Bidvest Group Limited also known as Bidvest Group or Bidvest is a South African services, trading, and distribution company.

Categories

Energy and Utilities  

#2612

Rank

$5.52B

Marketcap

ZA South Africa

Country

The Bidvest Group
Leadership team

Ms. Nompumelelo Thembekile Madisa B.COM(Hons), BSC (Econ.), MM (CEO & Exec. Director)

Mr. Mark John Steyn B.Com., C.A. (CFO & Exec. Director)

Ms. Gillian Claire McMahon (Exec. Director)

Industries

Energy and Utilities

Products/ Services
Banking, Financial Services, Industrial, Logistics, Supply Chain Management
Headquarters
Johannesburg, NA - South Africa, South Africa
Established
1988
Company Type
Public Limited Company
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
BVT.JO
Social Media
Overview
Location
Summary

The Bidvest Group Limited, an investment holding company, operates a diverse range of services, trading, and distribution businesses both in South Africa and internationally. The company is structured into nine segments: Bidvest Automotive, Bidvest Commercial Products, Bidvest Financial Services, Bidvest Freight, Bidvest Branded Products, Bidvest Services South Africa, Bidvest Services International, Bidvest Properties, and Bidvest Corporate and Investments. These segments encompass a wide array of offerings, including automotive services, manufacturing and trading of various products, financial services, logistics solutions, and property management.

Bidvest Group is engaged in various activities, such as online motor retailing, manufacturing bathroom and plumbing products, distributing electrical cable and allied products, offering motor vehicle accessories, camping and outdoor equipment, providing fleet management, foreign exchange services, insurance products, logistics services, and more. The company is involved in catering to both individual and corporate needs across sectors like finance, transportation, manufacturing, and property management. With its comprehensive range of products and services, Bidvest Group plays a significant role in various aspects of business and daily life.

The company's headquarters is located in Johannesburg, South Africa, and it was established in 1988. Over the years, it has evolved into a multifaceted organization that contributes to the growth and development of various industries both within its home country and beyond.

History

The Bidvest Group, established in 1988 by Brian Joffe, has grown to become a prominent entity in the business landscape. It took a significant step forward by being listed on the Johannesburg Stock Exchange in 1990. Headquartered in Johannesburg, South Africa, the company has established itself as a major player in various sectors and industries. With a strong workforce of around 132,870 individuals, Bidvest Group's influence extends across multiple areas of operation.

The company's governance is overseen by an eleven-member board, responsible for strategic decision-making and guiding the organization's trajectory. In March 2019, a significant transition took place as Bidvest announced the appointment of Mpumi Madisa as the CEO-designate. Madisa, a current Executive Director of the company, was set to take over the role of CEO.

Following the retirement of Lindsay Ralphs on September 30, 2020, Mpumi Madisa officially assumed the position of CEO. This change marked a pivotal moment in the company's leadership, with Madisa taking the helm of the Bidvest Group. With her appointment, the Bidvest Group continued its journey under new leadership, embracing the challenges and opportunities of the evolving business landscape.

Mission

The Bidvest Group's mission is to excel across industries by putting customers first, fostering innovation, and empowering employees. Through ethical leadership, adaptability, and collaborative partnerships, Bidvest aims to drive growth, make a positive societal impact, and remain at the forefront of business trends.

Vision

Bidvest Group's vision is to be a dynamic leader that transforms industries through innovation, ethical practices, and empowered teamwork. The company aspires to set new standards, create positive societal impact, and sustainably shape the future of business.

Key Team

Ms. Ilze Roux (Investor Relation Officer)

Mr. Howard Lyle Greenstein (Chief Exec. of Commercial Products)

Mr. Brent M. Varcoe (Managing Director of Caterplus)

Mr. Stephen Mark Keys BCom (Hons), CA(SA), Dip Acc, H Dip Tax (Chief Exec. of Automotive)

Mr. Alan Fainman (Chief Exec. Officer of International Services)

Mr. Kevin Wakeford (Chief Exec. Officer of Branded Products)

Mr. Wiseman Madinane (Chief Exec. Officer of Freight)

Recognition and Awards
The Bidvest Group has won numerous awards throughout its history, including the 2019 Top Employer South Africa certification for its exceptional HR policies and practices, the 2019 Frost & Sullivan South African Logistics Service Provider of the Year award and the 2019 Global Freight Awards’ Logistics Provider of the Year award.
Products and Services

The Bidvest Group offers a comprehensive array of products and services that span diverse industries:

Food Services: Bidvest provides a range of food solutions, including catering, food distribution, and supply chain management, catering to various sectors such as hospitality, healthcare, education, and retail.

Automotive Services: The company offers automotive solutions, including vehicle rental, fleet management, and maintenance services, catering to both corporate and individual clients.

Office and Print Solutions: Bidvest provides office supplies, stationery, printing services, and technology solutions to enhance workplace productivity.

Financial Services: Bidvest offers financial products and services, including insurance, travel services, and foreign exchange, to individuals and businesses.

Industrial Services: The company provides industrial products, equipment, and solutions across sectors such as mining, agriculture, and manufacturing, contributing to operational efficiency.

Freight and Logistics: Bidvest offers comprehensive logistics solutions, including freight forwarding, distribution, warehousing, and supply chain management.

References
The Bidvest Group
Leadership team

Ms. Nompumelelo Thembekile Madisa B.COM(Hons), BSC (Econ.), MM (CEO & Exec. Director)

Mr. Mark John Steyn B.Com., C.A. (CFO & Exec. Director)

Ms. Gillian Claire McMahon (Exec. Director)

Industries

Energy and Utilities

Products/ Services
Banking, Financial Services, Industrial, Logistics, Supply Chain Management
Headquarters
Johannesburg, NA - South Africa, South Africa
Established
1988
Company Type
Public Limited Company
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
BVT.JO
Social Media