Why is Bidvest a good investment proposition?
A number of reasons: • Overwhelming market leadership in South Africa in freight management, outsourced soft-services, foodservice and food ingredients, and industrial and commercial products and a top three position in automotive retailing and fleet management. • Exposure to above average growth markets ie • Growing trend of eating out of home in foodservice • Consumer spending ( Automotive ) • GDFI and infrastructural spend ( Voltex ) • GlobaI trade via imports/exports ( Bidfreight ) • Trends to outsourcing ( Bidserv / Bidpaper Plus / others ) • Emerging middle class • Hospitality, tourism and leisure ( SA Foodservice / Bidserv / travel) • FIFA World Cup 2010 • A strong and well established international foodservice presence in Britain, Benelux, Australia and New Zealand and a growing presence in the high growth urbanising markets of Asia-Pacific (including China) and now eastern Europe. • A proven entrepreneurial business model and a history of well chosen, well timed and well price
