Bidvest Group

Company description

The Bidvest Group Limited operates as a services, trading, and distribution company. The company operates through seven divisions: Services, Freight, Automotive, Office and Print, Commercial Products, Financial Services, and Electrical. It retails new and pre-owned motor vehicles and tires and offers car and van rental services, vehicle service and repairs, auctions, chauffer drives, and coaches, as well as door to door transfers. The company also provides banking services, including foreign exchange, business, foreign money transfers, deposits and investments, financing options, and trade services.

Company details

Bidvest House, 18 Crescent Drive Melrose Arch, Melrose, 2196 Johannesburg, South Africa

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • March 24, 2022

    Financial close reached for Puerto Antioquia project in Golfo de Uraba

    Puerto Bahía Colombia de Urabá, the SPV responsible for the Antioquia port concession in Colombia, has reached financial close for the project after raising US$393 million in debt. Earl...

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  • February 16, 2021

    Adani completes acquisition of 23.5% stake in Mumbai International airport

    Adani Group has announced that it has completed the acquisition of a 23.5 % stake in Mumbai International Airport (MIAL) from Bidvest and ACSA Global. MIAL is responsible for modernizing and...

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  • January 21, 2020

    Bidvest restrained from selling stake in MIAL by Arbitration tribunal

    The arbitration tribunal has restrained Bidvest from the transfer of its 13.5% stake in Mumbai International Airport Pvt. Ltd. (MIAL) to the bidder Adani. The hearing stated that no transfer will...

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  • November 20, 2019

    CCI approves Adani's bid to acquire stake in Mumbai International Airport

    Indian fair trade regulator CCI has approved Adani's bid to acquire a 23.5% stake in the Mumbai International Airport project. Adani will acquire the stake from Bidvest group (13.5%) and ACSA Glo...

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  • October 30, 2019

    GVK raises funding for 23.5% stake in Mumbai Airport

    GVK Power & Infrastructure's subsidiaries, GVK Airport Developers (GVKADL) and GVK Airport Holdings (GVKAHL) have secured funding to buy 23.5% stake in Mumbai International Airport Limited (MIAL)...

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  • July 10, 2019

    Delhi High Court allows Bidvest to sell its stake in Mumbai Airport

    Bidvest is set to sell its 13.5% stake in Mumbai International Airport after the ruling of Delhi High Court on July 1. Bidvest holds a stake in consortium Mumbai International Airport Limited (MIAL) t...

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  • April 15, 2019

    GVK-Bidvest stake sale talks have failed

    GVK Power & Infrastructure Limited's subsidiary GVK Airport Holdings Limited (GVKAHL) and Bid Services Division (Mauritius) Limited (Bidvest) earlier announced agreement on GVK acquiring the 13.5%...

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  • March 25, 2019

    GVK group to increase its stake in MIAL from 50.5% to 74%

    GVK Group is set to increase its stake in Mumbai International Airport Limited (MIAL). Recently GVK acquired 13.5% stake from South Africa-based Bidvest Services and will acquire 10% stake of ACSA Glo...

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  • February 27, 2019

    GVK acquires Bidvest's stake in Mumbai airport

    GVK Power & Infrastructure Limited has announced that its subsidiary GVK Airport Holdings Limited (GVKAHL) has exercised its right to acquire 162,000,000 equity shares of Mumbai International...

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  • October 25, 2018

    Three non-binding bids submitted for Mumbai airport stake

    Indian conglomerate GVK has reportedly received three non-binding bids for a portion of its 50.5% stake in Mumbai International Airport Ltd (MIAL), the operator of the primary internati...

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