Bidcorp: An International Foodservice Group with a Focus on Growth

Bidcorp is a leading international foodservice group that operates in both developed and developing economies across five continents. The company, listed on the Johannesburg Stock Exchange in South Africa, has a broad-line foodservice offering, serving customers in the hospitality, healthcare, education, and corporate sectors.

Founded in 1988 as a subsidiary of South African-based Bidvest Group, Bidcorp became an independent company in May 2016. Since then, Bidcorp has been focusing on realizing the potential of its current foodservice operations while exploring new growth opportunities through acquisitions.

The company has a strong presence in Europe, the Middle East, and Asia-Pacific regions. Bidcorp operates through a network of more than 300 distribution centers, servicing over 60 countries worldwide. Its global reach allows it to leverage local market knowledge and adapt to specific regional foodservice trends and demands.

Bidcorp's broad-line foodservice offering includes a wide range of products, including frozen, fresh, and dry food, beverages, and kitchen equipment. The company also provides customized solutions and services to its customers, including menu development, training, and supply chain management.

Bidcorp's growth strategy is based on a combination of organic growth and strategic acquisitions. The company has a proven track record of successfully integrating new acquisitions into its existing operations, expanding its product and service offerings, and diversifying its customer base.

In recent years, Bidcorp has made several strategic acquisitions to strengthen its position in key markets. In 2019, the company acquired Pallas Foods, one of Ireland's leading foodservice distributors, and Bestfoods, a leading food distributor in the United Arab Emirates. These acquisitions allowed Bidcorp to expand its presence in Europe and the Middle East, respectively.

Bidcorp's commitment to sustainability is also a key pillar of its business strategy. The company is actively working to reduce its environmental impact through initiatives such as energy-efficient warehouses and distribution centers, reducing food waste, and promoting sustainable sourcing practices.

In conclusion, Bidcorp is a leading international foodservice group with a strong focus on growth through a combination of organic expansion and strategic acquisitions. The company's broad-line foodservice offering, global reach, and commitment to sustainability position it well for long-term success in the highly competitive foodservice industry.

 

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