Our Portfolio — BV Holdings PLC
Group Structure

How BV Holdings PLC Functions as a Parent Company

BV Holdings PLC is the parent entity across all subsidiaries. It holds controlling ownership stakes, sets group strategy, allocates capital, and enforces governance standards. It does not operate assets directly — it builds and manages the companies that do.

Each subsidiary operates as a legally independent business with its own management, P&L accountability, and operating mandate. The parent provides the framework; each subsidiary executes within it.

Subsidiaries are integrated deliberately. They share back-office infrastructure — legal, finance, compliance, procurement — and are structured to generate demand for one another’s services. This vertical integration is the central mechanism through which the group creates margin retention and operational resilience.

01

Ownership & Control

BV Holdings PLC holds a controlling stake in each subsidiary. Capital allocation decisions, board appointments, and major strategic commitments flow from the parent company.

02

Subsidiary Independence

Each company has a dedicated CEO and management team. They run daily operations and are fully accountable for revenue, margin, and compliance in their respective sectors.

03

Shared Group Services

Finance, legal, compliance, HR, and group procurement are consolidated at the Holdings level. This lowers overhead for each subsidiary and creates consistency across the portfolio.

04

Vertical Integration

Subsidiaries are designed to serve each other. BV Logistics moves what BV Minerals extracts. BV Infrastructure houses both. BV Industrial Solutions processes the outputs. Margin stays within the group.

Group Architecture

The parent company sits above four operating subsidiaries. Each subsidiary has a distinct sector focus and defined integration role within the group.

BV Holdings Group Structure Diagram showing BV Holdings PLC as parent company above four subsidiaries: BV Minerals Ltd, BV Logistics and Trade Ltd, BV Infrastructure and Estates Ltd, and BV Industrial Solutions Ltd BV Holdings PLC Parent Company BV Minerals Ltd Natural Resources BV Logistics & Trade Ltd Logistics BV Infrastructure & Estates Ltd Real Estate BV Industrial Solutions Ltd Industrial Processing Dashed lines indicate operational integration flows between subsidiaries Active subsidiary In development Integration flow
Subsidiary 01
Active Natural Resources
BV Minerals Ltd
“From ground to market — owning the resource at every stage.”

BV Minerals Ltd is the group’s natural resources subsidiary. It manages mineral exploration rights, extraction site operations, and the commercial offtake of extracted commodities. The business generates revenue through direct commodity sales, formal offtake agreements, and licensing arrangements across its operating jurisdictions.

The company holds mineral licences in compliance with local regulatory frameworks and maintains dedicated relationships with regional and international commodity buyers. BV Minerals anchors the group’s hard-asset base and provides raw material inputs to BV Industrial Solutions once that subsidiary reaches full operation.

Business Model

Resource Extraction & Commodity Trade

  • Acquire and hold mineral exploration and extraction licences in target jurisdictions.
  • Manage extraction site operations with compliance controls and environmental oversight.
  • Execute offtake agreements with verified buyers before or during extraction.
  • Trade commodities on both contracted and spot terms depending on market conditions.
Revenue Streams

How BV Minerals Generates Income

  • Commodity sales to regional and international buyers at contracted or spot prices.
  • Formal offtake agreements providing forward revenue visibility.
  • Licensing royalties where extraction rights are partially sub-licensed.
  • Future processing margin once BV Industrial Solutions becomes operational.
Target Markets

Markets & Buyers

  • Regional commodity trading firms and industrial processors.
  • International commodity buyers with established procurement operations in Africa.
  • Export markets where contracted offtake provides price certainty.
  • Domestic industrial buyers as value-add processing infrastructure develops.
Growth Strategy

Expansion & Scale Plan

  • Expand extraction capacity at existing licenced sites before acquiring new licences.
  • Formalise long-term offtake agreements with anchor buyers in primary markets.
  • Enter new mineral jurisdictions as capital and regulatory relationships allow.
  • Transition commodity output into the industrial processing pipeline once BV Industrial Solutions is live.
Operating Footprint

Presence & Operations

  • Licenced mineral extraction operations in active jurisdictions.
  • On-site extraction management with dedicated site personnel.
  • Compliance and environmental oversight per each jurisdiction’s regulatory framework.
  • Commercial relationships with transport and logistics operators — primarily BV Logistics & Trade Ltd.
Group Integration

How It Connects to the Group

  • Supplies raw commodity outputs to BV Industrial Solutions for processing and value-add.
  • Uses BV Logistics & Trade Ltd for freight, warehousing, and export logistics.
  • Operates from facilities owned or managed by BV Infrastructure & Estates Ltd.
  • Anchors the group’s hard-asset base and provides a commodity revenue floor across economic cycles.
Role within the group
BV Minerals Ltd is the group’s primary hard-asset generator and the entry point of the integrated value chain. It produces the commodity revenue that feeds industrial processing, drives logistics utilisation, and anchors the group’s balance sheet with physical extraction assets and licencing rights.
Subsidiary 02
Active Logistics & Supply Chain
BV Logistics & Trade Ltd
“The movement infrastructure for the group and for African commerce.”

BV Logistics & Trade Ltd manages freight forwarding, warehousing, and trade facilitation across active African trade corridors. The business serves two distinct client bases: internal group subsidiaries that require reliable logistics infrastructure, and external commercial clients including SME exporters, importers, and institutional buyers.

This dual-revenue structure is a deliberate design choice. Internal group demand provides a stable utilisation floor; external commercial contracts provide scalable upside. The logistics sector generates recurring, contract-based income that is largely independent of commodity price cycles — providing natural balance within the group’s revenue portfolio.

Business Model

Freight, Warehousing & Trade Facilitation

  • Operate freight forwarding and multimodal transport services across regional corridors.
  • Manage bonded and commercial warehousing for domestic and cross-border cargo.
  • Provide trade facilitation services — customs brokerage, documentation, compliance.
  • Serve internal group subsidiaries at defined internal service rates plus external commercial clients.
Revenue Streams

How BV Logistics Generates Income

  • Freight contracts for road, multimodal, and export transport services.
  • Warehousing and storage fees from internal and external clients.
  • Trade facilitation fees — customs, documentation, and compliance services.
  • Third-party logistics (3PL) service agreements with institutional commercial clients.
Group Integration

Cross-Subsidiary Operations

  • Handles all freight and export logistics for BV Minerals Ltd commodity output.
  • Supplies and receives from BV Infrastructure & Estates Ltd facility sites.
  • Will manage distribution for BV Industrial Solutions processed outputs once live.
  • Internal service agreements provide revenue regardless of third-party market conditions.
Expansion Plan

Growth Trajectory

  • Expand freight capacity along two primary active trade corridors within Year 1–2.
  • Formalise third-party logistics service agreements with commercial clients.
  • Develop cross-border trade facilitation capabilities targeting SME exporters and importers.
  • Add warehousing capacity in line with BV Infrastructure development pipeline.
Target Markets

Who We Serve

  • Internal BV Holdings subsidiaries — guaranteed base demand.
  • SME exporters and importers needing reliable trade facilitation services.
  • Institutional buyers requiring bonded warehousing and multimodal freight.
  • Cross-border traders operating across AfCFTA-linked regional corridors.
Competitive Position

Why BV Logistics Wins

  • Guaranteed internal group utilisation provides a revenue floor no standalone logistics firm has.
  • Proximity to commodity extraction operations reduces handling costs and lead times.
  • Group governance and compliance standards make BV Logistics a preferred partner for institutional clients.
  • AfCFTA trade growth creates structural tailwind for corridor-focused logistics operators.
Role within the group
BV Logistics & Trade Ltd is the group’s operational backbone. It moves commodities from BV Minerals to buyers, supplies BV Infrastructure development sites, and will distribute finished outputs from BV Industrial Solutions. Internally it reduces group logistics costs; externally it generates independent recurring revenue from commercial freight and trade facilitation contracts.
Subsidiary 03
Active Real Estate & Infrastructure
BV Infrastructure & Estates Ltd
“Owning the physical foundations that make operations possible.”

BV Infrastructure & Estates Ltd acquires, develops, and manages the group’s commercial and industrial real estate portfolio. It owns the physical infrastructure that other subsidiaries operate within — warehouses, processing facilities, office space, and industrial sites — and leases these assets at structured internal rates.

Beyond internal group use, the subsidiary develops and leases commercial property to third-party tenants, generating independent rental income. This dual structure — internal landlord plus commercial property operator — means the business generates revenue regardless of the operational cycle of other subsidiaries, while simultaneously anchoring the group’s balance sheet with appreciating fixed assets.

Business Model

Property Development, Ownership & Leasing

  • Acquire strategic land and commercial sites aligned with the group’s operational footprint.
  • Develop industrial parks, warehousing, and commercial facilities for internal and third-party use.
  • Act as internal landlord to BV Logistics & Trade and BV Industrial Solutions.
  • Lease surplus capacity to external tenants, generating third-party rental income.
Asset Types

What We Develop & Own

  • Industrial parks and light manufacturing facilities for processing operations.
  • Bonded and commercial warehousing infrastructure for logistics operations.
  • Commercial office and operational space in strategic locations.
  • Land holdings with development potential aligned to group expansion plans.
Revenue Streams

How BV Infrastructure Generates Income

  • Internal facility leasing fees from BV Logistics and BV Industrial Solutions at structured rates.
  • Third-party rental income from commercial and industrial tenants.
  • Infrastructure leasing to other operators requiring facilities in our locations.
  • Capital gains on strategic disposals of fully developed or appreciated assets.
Strategic Importance

Why This Division Is Critical

  • Owning the group’s operational infrastructure eliminates long-term third-party facility costs.
  • Asset appreciation builds balance sheet strength independent of operating cash flows.
  • BV Infrastructure de-risks expansion — new subsidiary operations can launch into owned, ready facilities.
  • Real estate assets provide collateral for future debt financing at the group level.
Development Pipeline

Active & Planned Projects

  • Industrial park development to house BV Industrial Solutions upon launch.
  • Warehousing expansion in line with BV Logistics & Trade freight growth.
  • Commercial site acquisitions in locations tied to new subsidiary operations.
  • Long-term land bank strategy for jurisdictions targeted under the group’s geographic expansion plan.
Group Integration

How It Connects to the Group

  • Provides warehousing and freight facilities to BV Logistics & Trade at defined internal rates.
  • Develops and owns the industrial site where BV Industrial Solutions will operate.
  • Reduces capital requirements for other subsidiaries by removing facility acquisition costs.
  • Generates passive rental income that stabilises group cash flows across operational cycles.
Role within the group
BV Infrastructure & Estates Ltd is the group’s physical asset base. It owns the facilities that make every other subsidiary’s operations possible, eliminates long-term third-party occupancy costs across the portfolio, and generates independent rental income. Its assets appreciate over time, building the group’s net asset value independent of operating cycles.
Subsidiary 04
In Development Industrial Processing
BV Industrial Solutions Ltd
“Keeping Africa’s value-add margin inside the group.”

BV Industrial Solutions Ltd is the group’s planned industrial processing subsidiary, currently in the pre-operational development phase. It will operate light manufacturing and processing facilities, converting raw mineral inputs from BV Minerals Ltd into higher-value outputs for domestic consumption and export markets.

This subsidiary represents a deliberate strategic move up the value chain. Africa has historically exported raw commodities and imported processed or manufactured products — exporting the processing margin alongside the raw material. BV Industrial Solutions is designed to capture that margin within the group’s integrated structure. Equipment procurement is underway. Initial operations will be housed within BV Infrastructure & Estates Ltd’s industrial development site.

Business Model

Light Industrial Processing & Value-Add Manufacturing

  • Receive raw mineral inputs from BV Minerals Ltd at defined intra-group transfer prices.
  • Process and convert raw inputs into higher-value finished or semi-finished outputs.
  • Sell processed outputs to domestic industrial buyers and export markets.
  • Provide tolling services to third-party raw material holders who require processing capacity.
Planned Operations

What Will Be Built

  • Light industrial processing plant housed within BV Infrastructure’s industrial park development.
  • Processing lines calibrated to commodity types produced by BV Minerals Ltd operations.
  • Quality control and output certification capacity to meet domestic and export buyer standards.
  • Equipment procurement currently in progress; commissioning timeline defined.
Revenue Potential

Value Creation Once Operational

  • Processing margin on raw commodity inputs — the gap between raw and processed output value.
  • Sales of finished and semi-finished products to industrial buyers and exporters.
  • Tolling fees from third-party raw material holders using the group’s processing capacity.
  • Potential supply agreements with domestic manufacturers requiring consistent processed inputs.
Strategic Role in Value Chain

Completing the Integrated Pipeline

  • Receives raw output from BV Minerals — creating an internal extraction-to-processing link.
  • Outputs distributed through BV Logistics & Trade — creating an internal processing-to-distribution link.
  • Operates within BV Infrastructure facilities — eliminating third-party facility costs from launch.
  • Completes the group’s end-to-end value chain: resource → processing → distribution → market.
Development Timeline

Path to Operations

  • Pre-operational phase: company established, equipment procurement underway.
  • Infrastructure phase: processing facilities commissioned within BV Infrastructure industrial park.
  • Commissioning phase: test runs and quality certification completed before commercial operations.
  • Commercial launch: first processing contracts and intra-group supply activation.
Why This Matters

The Strategic Case

  • Processing margin is typically 2–5× the value of raw commodity export revenue per unit.
  • Capturing this margin internally is the most direct path to improving group-level profitability.
  • Industrial processing capability positions BV Holdings as a value-chain participant, not just a raw material supplier.
  • Third-party tolling revenue means the facility generates income independent of BV Minerals’ own extraction output.
Role within the group
BV Industrial Solutions Ltd will complete the group’s integrated value chain. It converts raw inputs from BV Minerals into finished outputs distributed by BV Logistics, inside facilities owned by BV Infrastructure. Once operational, it will be the highest-margin segment in the portfolio and the clearest demonstration of the group’s vertical integration thesis.
Operational Integration

How the Subsidiaries Work Together

Each subsidiary performs a distinct function. Together, they form a complete operating system — each one reducing the group’s dependence on third parties, and each one creating revenue flows between the others.

This is not a portfolio of loosely connected businesses. It is a deliberately engineered value chain where every subsidiary either supplies, serves, or enables at least one other.

Minerals feeds Processing & Logistics
BV Minerals extracts commodities and passes raw output to BV Industrial Solutions for processing, while BV Logistics handles freight, export documentation, and buyer delivery. Both subsidiaries generate revenue from the same commodity flow.
Logistics supports all operations
BV Logistics & Trade Ltd moves commodities, supplies, and finished outputs across the entire group. It serves BV Minerals’ export needs, supplies BV Infrastructure development sites, and will distribute BV Industrial Solutions’ processed outputs — generating recurring internal revenue regardless of external market conditions.
Infrastructure enables & stabilises the group
BV Infrastructure & Estates Ltd owns the facilities all other subsidiaries operate from. By owning rather than renting, the group eliminates long-term third-party occupancy costs. Facility lease income from BV Logistics and BV Industrial Solutions creates a steady revenue stream for BV Infrastructure, independent of commodity or freight cycles.
Industrial processing multiplies group margin
Once BV Industrial Solutions is operational, raw commodity output from BV Minerals will have a processing stage before reaching buyers. Processing adds significant margin per unit. That margin is captured within the group rather than paid to a third-party processor. The entire value chain — extraction to processing to distribution — will be group-owned.
Shared services reduce cost across the group
Finance, legal, compliance, and procurement are consolidated at the BV Holdings PLC parent level. Every subsidiary benefits from group buying power, shared legal infrastructure, and consistent governance standards — at lower cost than each could achieve independently.
Revenue Model

Group Revenue Sources

The group generates revenue across multiple streams, from multiple subsidiaries, in multiple sectors. No single revenue source dominates. This is a structural feature, not a consequence of scale.

Revenue diversification reduces the impact of any single sector downturn. Commodity price weakness affects BV Minerals but not BV Logistics’ freight contracts or BV Infrastructure’s rental income. This is how the group is designed to perform across economic cycles.

Commodity Sales & Offtake
BV Minerals Ltd
Transactional
Freight & Logistics Contracts
BV Logistics & Trade Ltd
Recurring
Warehousing Fees
BV Logistics & Trade Ltd
Recurring
Internal Facility Leasing
BV Infrastructure & Estates Ltd
Recurring
Third-Party Rental Income
BV Infrastructure & Estates Ltd
Recurring
Asset Appreciation & Disposals
BV Infrastructure & Estates Ltd
Asset-Based
Processing Margin & Product Sales
BV Industrial Solutions Ltd (planned)
Transactional
Third-Party Tolling Fees
BV Industrial Solutions Ltd (planned)
Recurring

Why Integration Improves Margins

Integration is not just a structural preference. It is the primary mechanism through which the group improves its consolidated gross margin over time.

01
Internal Revenue Loops
When BV Minerals pays BV Logistics for freight, both transactions generate revenue on the group’s consolidated P&L. Cash that would otherwise leave the group as third-party logistics spend stays within it as cross-subsidiary revenue.
02
Reduced Third-Party Costs
Each subsidiary that serves another reduces the group’s total third-party spend. External freight, facility rental, and processing costs are progressively replaced by internal transactions — improving consolidated operating margins with each integration activated.
03
Value-Chain Margin Capture
The most significant margin improvement comes when BV Industrial Solutions processes BV Minerals’ output before sale. Processing margin — the gap between raw commodity and processed product value — is captured entirely within the group rather than accruing to an external processor.
04
Diversification as a Risk Tool
Revenue across four sectors with different cycle profiles — commodity, logistics, real estate, industrial — means weakness in one sector is buffered by stability in others. The group does not need every sector to perform simultaneously to maintain consolidated revenue stability.
Growth Strategy

Expansion Framework

Growth is planned and sequenced. We consolidate operational depth before expanding footprint. Each new phase builds on the stability created by the one before it.

01
Geographic Expansion
We begin in markets where we have operational knowledge, regulatory relationships, and established commercial networks. As subsidiaries reach operational maturity, we expand into adjacent markets along existing trade corridors — carrying BV Logistics and BV Minerals capabilities into new territories with proven entry criteria.
  • Prioritise markets adjacent to active trade corridors.
  • Entry requires regulatory readiness and commercial demand validation before capital is committed.
  • Geographic expansion of one subsidiary opens markets for the others.
02
Scaling Existing Subsidiaries
Before adding new subsidiaries, we deepen the capacity and market penetration of existing ones. BV Minerals expands extraction capacity. BV Logistics grows its freight and warehousing footprint. BV Infrastructure develops its pipeline of industrial and commercial properties. Scale within each subsidiary increases group revenue without adding operational complexity.
  • Extraction capacity expansion at active BV Minerals sites.
  • Freight and warehousing capacity growth along primary logistics corridors.
  • Industrial park development pipeline managed by BV Infrastructure.
03
BV Industrial Solutions Launch
Activating the fourth subsidiary is the near-term priority that completes the group’s integrated value chain. It does not require new geographic expansion or new capital relationships — it operates within existing group infrastructure and is supplied by existing group operations. Its launch is the highest-impact single event in the group’s current growth plan.
  • Equipment procurement in progress; commissioning timeline defined.
  • Facility provided by BV Infrastructure — no third-party occupancy cost on launch.
  • Commodity inputs from BV Minerals — no external supply dependency on launch.
04
Trade Corridor Expansion
BV Logistics & Trade Ltd is developing cross-border trade facilitation capabilities targeting SME exporters and importers operating under AfCFTA-linked trade agreements. Expanding the commercial client base beyond internal group demand creates a larger, more resilient logistics revenue base and positions BV Holdings as a trade infrastructure provider across regional corridors.
  • SME trade facilitation programme targeting cross-border exporters and importers.
  • Corridor expansion into new routes as regulatory relationships are established.
  • Strategic position as AfCFTA trade volumes increase across participating markets.
05
Portfolio Development
The four current subsidiaries are the foundation, not the limit. As group capital and management capacity grows, we will evaluate new subsidiary formations and acquisitions in sectors that complement the existing portfolio. New entries must demonstrate clear integration value with at least one existing subsidiary — not just financial return in isolation.
  • New subsidiaries evaluated against an integration requirement, not standalone return only.
  • Acquisition targets assessed on management quality, asset defensibility, and strategic fit.
  • Portfolio additions are sequenced — operational depth precedes new complexity.
06
Capital Events & Liquidity
As subsidiaries reach scale and operational maturity, BV Holdings will structure capital events to unlock value for shareholders. Options include subsidiary-level capital raises, strategic partner entry at subsidiary level, and, for high-performing subsidiaries, public listings. These events are built into the group’s design — they are not contingency plans.
  • Subsidiary-level institutional capital raises as operations scale.
  • Strategic partnerships providing capital, market access, or operational capability.
  • IPO optionality for subsidiaries that reach the scale and governance required for listing.
Investment Positioning

Why the Subsidiary Structure Attracts Investors

The holding company model provides investors with something most single-sector investments cannot: exposure to multiple revenue streams, multiple asset types, and multiple growth levers — within a single, governed structure. The subsidiary model also creates natural exit optionality that a monolithic company structure does not have.

01
Scalability of Each Unit
Every subsidiary has a defined path to scale that does not depend on the group growing as a whole. BV Logistics can grow its commercial client base. BV Minerals can acquire new extraction licences. BV Infrastructure can develop new sites. Each is independently scalable.
02
Diversified Risk Profile
Four sectors with different cycle profiles mean group revenue does not collapse if one sector faces a downcycle. Commodity weakness does not affect logistics contracts or facility rental income. This is structural risk management, not diversification for its own sake.
03
Long-Term Revenue Potential
All four sectors are positioned in structurally growing markets. Africa’s infrastructure deficit, commodity demand, logistics gap, and industrial processing undercapacity are long-term conditions — not short-term cycles. The group’s revenue potential grows as the markets it serves grow.
04
Exit Optionality
The holding structure creates multiple liquidity pathways. Individual subsidiaries can be listed, sold, or recapitalised without disrupting the rest of the group. Investors have options beyond a single group-level exit — a structural advantage of the holding company model.
Revenue Streams Across Group
8+
Across commodity sales, freight, warehousing, leasing, processing, tolling, and asset appreciation.
Active Subsidiaries
3 of 4
BV Industrial Solutions in development — completion activates the full integrated value chain.
Projected 5-Year Revenue CAGR
28–35%
Based on staged subsidiary activation, capacity expansion, and growing cross-subsidiary integration flows.

All financial metrics are illustrative and based on management’s strategic plan. They do not constitute audited projections or investment advice. Independent due diligence is recommended.

Four subsidiaries. One integrated group. A single thesis: that disciplined, well-governed businesses operating in structurally growing African sectors create durable long-term value.
BV Holdings PLC is not a collection of investments. It is a designed operating system — each subsidiary chosen, structured, and integrated to reinforce the others. Investors who want real economic exposure to Africa’s growth story, built on operational depth rather than financial speculation, will find that structure here.