Bid Corporation Limited (Public - JSE:BID)known as Bidcorp separated from Bidvest and listed on the JSE on Monday May 30 2016. The unbundling provides Bidvest shareholders with the opportunity to participate directly in Bidcorp’s foodservice operations, as well as enabling each of the businesses to achieve their respective strategic goals.
Bid Corporation Limited is engaged in foodservice business. The Company's segments include Foodservice Australia, Foodservice United Kingdom, Foodservice Europe, Foodservice Emerging Markets, Bidvest Services and Corporate. It offers a range national distribution services. It distributes foodservice and product serving customers in the hospitality, institutional, catering and retail sectors in the United Kingdom and Ireland. It supplies various brands across a range of product lines, and engaged in brand manufacturing and distribution. It is also a foodservice distributor to the Horeca sector.
It has operations in Africa, South America, Asia and the Middle East. African operations manufacture and distribute meat, poultry, dairy and general food ingredients, as well as baking ingredients and equipment, and a multi-temperature foodservice. South America sources and distributes frozen, chilled and ambient local product into the independent street market across both Chile and Brazil.