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Acquisition of the Provident Group of Companies (Provident)

01 March 2023

BKB Limited (BKB) is pleased to announce the acquisition of the Provident group of companies (Provident), a provider of agricultural and animal health services in the Transkei region. The acquisition, which will be effective from March 2023, includes three well-established businesses, namely Cowden’s Co-Op, with retail branches in Encgobo, Idutywa and Mthatha; Provident Animal Health, a retail branch in East London; and Farmers Vet, a veterinary wholesaler based in East London.

BKB intends to maintain the existing brand names and operations of Provident and will only gradually add and integrate the existing BKB retail offering where feasible.

This acquisition will allow BKB to increase its national footprint by growing its presence in the Eastern Cape and Transkei regions and to better serve the needs of local farmers and producers. Provident’s reputation for providing high-quality products and services is well-known, and BKB is excited to welcome them to the BKB family. Together we will continue to support the growth and development of the agricultural industry in South Africa.