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Posts Tagged ‘Noonan’
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July 31, 2017

Bidvest acquires Irish Management Company for R2.7 billion

Bidvest 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 management team for R2.7 billion, pending Reserve bank approval.

Noonan, which is based and operates throughout the Republic of Ireland, is aimed at delivering integrated facility management (FM) services and solutions. Its services include soft, technical and ancillary services, and range from cleaning and security to building services and facilities management.

“The Acquisition of Noonan is in line with Bidvest’s [...]

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