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.