For the past 32 years, industrial giant Bidvest's growth strategy has been an aggressive one, putting the company in more than 39 countries from South Africa to mainland China. Now its CEO, Lindsay Ralph, is set to retire, but he says the company he joined 28 years ago will stay true to its bold growth origins. From the moment Bidvest was started by Brian Joffe 1988, it has been aggressive about its acquisition strategy. The Chipkins acquisition was followed by Sea World, which made up its food services division Bidcorp that the company unbundled in 2016. Today, Bidvest has grown to six divisions with a portfolio made up of services, branded products, freight, commercial, financial services and automotive.

Source: News 24 September 15, 2020 06:33 UTC