South Africa's Bidvest acquires Noonan - FMJ

Bidvest Group has completed an agreement with Alchemy Partners LLP, the majority shareholder in Noonan, and management, which will see Bidvest acquire the entire shareholding in NOONAN for a consideration of €175 million. Noonan is a provider of ...

BIDVEST ACQUIRES NOONAN IN €175M DEAL - FM World

The deal, in which Bidvest acquires all of the shares in Noonan, is subject to approval from the South African Reserve Bank and expected to close in Q3 2017. Noonan's existing management team, led by CEO John O'Donoghue, will continue in post.