SPAR South Africa invests €55 million

In 2014 SPAR South Africa invested €55 million in a joint venture with the BWG management team to acquire the BWG Group of companies. SPAR South Africa is a leading publicly-quoted wholesaler and distributor to over 1,800 independent retailers spread across Southern Africa. The new joint venture is owned 80% by SPAR South Africa and 20% by Leo Crawford, John Clohisey and John O’Donnell.
The new partnership has allowed BWG to invest in the expansion of the company’s retailing operations, which included the acquisition of Londis in 2015. BWG is very much recognized for innovation in food retailing and the company has won many prestigious local and international industry awards.

2017-06-23T16:31:54+00:00 June 23rd, 2014|Uncategorized|