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Bid Corporation Limited

Posted on August 9, 2020July 23, 2022

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).

On May 30, 2016, Bidcorp separated from Bidvest to continue as an independent industry. In South Africa, Bidcorp mainly trades under the names Bidfood, Crown Food and Chipkin Puratos and in England as the BFS Group. The firm, headquartered in Sandton, has over 26,000 employees.

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.

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