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Bidvest grows portfolio with Ireland-based group Noonan - Business Day (registration);

Bidvest grows portfolio with Ireland-based group Noonan - Business Day (registration)

Business Day (registration)Bidvest grows portfolio with Ireland-based group NoonanBusiness Day (registration)Bidvest is buying facility management services group Noonan in Ireland from UK private equity firm Alchemy Partners. The 100% buyout will help the JSE-listed industrial group diversify at a time when the domestic economy is choking. The proposed R2.7bn ...and more »

Irish management services group acquired for €175m - Business World (press release) (blog);

Irish management services group acquired for €175m - Business World (press release) (blog)

Business World (press release) (blog)Irish management services group acquired for €175mBusiness World (press release) (blog)South Africa's Bidvest will acquire Irish based management services group Noonan for approximately 2.7 billion rand (€175m) as the trading, services and distribution company looks to grow internationally. Bidvest, which spun off food service division ...and more »

South Africa's Bidvest acquires Noonan - FMJ;

South Africa's Bidvest acquires Noonan - FMJ

FMJSouth Africa's Bidvest acquires NoonanFMJBidvest 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 ...and more »

Bidvest looks to acquire Noonan - Independent Online;

Bidvest looks to acquire Noonan - Independent Online

Independent OnlineBidvest looks to acquire NoonanIndependent OnlineCAPE TOWN - Bidvest is in the transactional process of acquiring Noonan, an integrated facilities management group for EUR175 million. The Republic of Ireland based Noonan offers services including: security services, cleaning services, strategic ...and more »

South Africa's Bidvest to bolster international growth with $208m takeover of Noonan - World Finance;

South Africa's Bidvest to bolster international growth with $208m takeover of Noonan - World Finance

World FinanceSouth Africa's Bidvest to bolster international growth with $208m takeover of NoonanWorld FinanceIn keeping with its aim to diversify into international markets, South African services, trading and distribution company Bidvest has acquired Irish firm Noonan for $208m. The move is the latest action in a broader restructuring effort, which saw ...and more »

BIDVEST ACQUIRES NOONAN IN €175M DEAL - FM World

BIDVEST ACQUIRES NOONAN IN €175M DEALFM WorldThe 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.and more »

Bidvest makes R2.7bn play for Irish facilities management group - Creamer Media's Engineering News

Bidvest makes R2.7bn play for Irish facilities management groupCreamer Media's Engineering NewsJSE-listed Bidvest has entered into an agreement to acquire 100% of Ireland-based integrated facilities management group Noonan from Alchemy Partners and Noonan's current management team for an enterprise value consideration of R2.7-billion. Noonan ...and more »

Bidvest acquires entire shareholding in Dublin-based Noonan - Independent.ie;

Bidvest acquires entire shareholding in Dublin-based Noonan - Independent.ie

Independent.ieBidvest acquires entire shareholding in Dublin-based NoonanIndependent.ieJohannesburg-listed Bidvest Group has acquired the Dublin-based outsourcing solutions company Noonan for a consideration of €175m following an agreement with private-equity firm Alchemy, which acquired Noonon in 2008. The transaction is subject to ...and more »

Noonan services firm sold to South African group for €175m - RTE.ie;

Noonan services firm sold to South African group for €175m - RTE.ie

RTE.ieNoonan services firm sold to South African group for €175mRTE.ieFacilities management services firm Noonan has been sold to the South African-headquartered group Bidvest for €175m. The deal is expected to close during the third quarter of the year. The existing Noonan management team, led by CEO John ...and more »

South Africa's BidVest snaps up Noonan Services for €175m - Irish Times;

South Africa's BidVest snaps up Noonan Services for €175m - Irish Times

Irish TimesSouth Africa's BidVest snaps up Noonan Services for €175mIrish TimesNoonan Services, the Dublin-based facilities management and contract cleaning company, has been sold to South African conglomerate BidVest for €175 million, marking its second change of control in a decade. BidVest is buying out London-based private ...and more »

Bidvest acquires Irish management company for R2.7 billion - BusinessTech;

Bidvest acquires Irish management company for R2.7 billion - BusinessTech

BusinessTechBidvest acquires Irish management company for R2.7 billionBusinessTechBidvest has acquired 100% of Irish facility management company Noonan for R2.7 billion, it said in a shareholder statement on Monday. According to the agreement, Bidvest will acquire 100% of Noonan from Alchemy Partners as well as Noonan's current ...and more »