Bidcorp

Bid Corporation Limited (Bidcorp) is a widely-branched publicly traded food service company. It currently trades on the Johannesburg Stock Exchange in South Africa. The company trades as (BID).[1][2]

On May 30, 2016, Bidcorp separated from Bidvest to continue as an independent industry.[3] In South Africa, Bidcorp mainly trades under the names Bidfood, Crown Food and Chipkin Puratos and in England as the BFS Group.[4] The firm, headquartered in Sandton, has over 26,000 employees.[5] Its shares are listed on the JSE and the largest shareholders are the South African public sector pension fund, the GEPF, with 16% and JPMorgan Chase with 10%. Almost 50% of the shares are owned by South Africans.

References
  1. "Bidcorp's volumes fall as much as 70% in major markets". Moneyweb. 2020-04-14. Retrieved 2020-05-10.
  2. "Bidcorp recovers from UK business exit". BusinessLIVE. Retrieved 2020-05-10.
  3. "Bidvest's spun-off unit Bidcorp lists on JSE, valued at R91.6bn". BizNews.com. 2016-05-30. Retrieved 2020-05-10.
  4. "Bidcorp's SA businesses performing above expectations in tough economy". BusinessLIVE. Retrieved 2020-05-10.
  5. "Top 10 biggest African companies". africa.businesschief.com. Retrieved 2020-05-10.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.