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BID

JSE
47,284 ZAc
196
0.41%
Last update Jun 5, 4:49 PM SAST
Market closed
Day range
47,046
48,361
Previous close
47,480
Open
48,004
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Bid Corporation Limited
47,284.00
196
0.41%

Overview

Description

Bid Corporation Limited, commonly referred to as Bidcorp, is a globally recognized company specializing predominantly in the foodservice industry. Operating as a subsidiary of the Bidvest Group Limited, Bidcorp focuses on broad-line foodservice distribution, offering a vast array of food products and services to professional caterers and the food industry. Its significant operations span across various continents, including Asia Pacific, Europe, and emerging markets, showcasing its expansive global footprint. The company's primary function is to supply a diverse range of fresh, frozen, and value-added food products alongside non-food items, predominantly to the catering, hospitality, government, and healthcare markets. This diversified portfolio positions Bidcorp as a crucial player in the food industry's supply chain, emphasizing quality, service, and logistical prowess. Bidcorp's substantial impact is evident in its ability to streamline operations and optimize efficiencies through technology and localized expertise, thus supporting smaller, community-based food producers while maintaining competitive pricing and service standards. As a constituent in the complex global food supply network, Bid Corporation Limited holds a vital role in ensuring the seamless distribution of essential food items across varied sectors.

About

CEO
Mr. Bernard Larry Berson C.A.
Employees
29112
Address
North Wing
2nd Floor 90 Rivonia Road Sandton
Johannesburg, 2196
Phone
27 10 592 2150
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Food Distribution
Country
South Africa
MIC code
XJSE
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