Bid Corporation Limited
BDDDY
Other OTC24.57
USD
+0.36
- -
ISIN
US0887891028
Return %
Stock
S&P500
1Y
8.90
26.53
3Y
7.28
76.60
5Y
7.28
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Bernard Larry Berson
- Full Time Employees
- 29,112
- Sector
- Consumer Defensive
- Industry
- Food Distribution
- Address
- North Wing Johannesburg South Africa 2196
- IPO Date
- Jan 3, 2022
- Website
- bidcorpgroup.com
- Similar Companies
- Business
- Bid Corporation Limited (Bidcorp) is an international broadline foodservice distributor that supplies fresh, frozen, chilled, and ambient products, including meat, poultry, fish, seafood, produce, dairy, bakery items, and general food ingredients; liquor; catering equipment; non-food essentials; and value-added services such as light processing, bespoke manufacturing, sous vide preparation, and e-commerce platforms like BidOne and myBidfood. The company operates through independent business units serving hospitality, institutional, catering, leisure, retail, healthcare, and freetrade customers across Australasia (Australia, New Zealand), United Kingdom, Europe (Belgium, Netherlands, Portugal, Spain, Italy, Poland, Baltics, Germany, Czech Republic, Slovakia, Hungary), and Emerging Markets (South Africa, Middle East, Türkiye, Asia, South America including Brazil, Chile, Argentina). Founded in 1988 and headquartered in Johannesburg, South Africa, Bidcorp lists on the Johannesburg Stock Exchange and focuses on organic growth, bolt-on acquisitions, and technological innovation in 33 countries spanning five continents. In its fiscal half-year ended December 31, 2024, Bidcorp completed eight acquisitions totaling ZAR 2.9 billion in committed spend, including Turner Price (£109.6 million revenue) in the United Kingdom, VDS Foods (€62.2 million) and Cesars (€11.9 million) in Belgium and Baltics respectively, Colofruit (€23.7 million) in Spain, Blancaluna (increased to 60.1% stake, US$45.8 million) in Argentina, Mizoserve (ZAR 35 million) and Dairy Innovation (ZAR 146 million) in South Africa, and Wild Nation (NZ$4.2 million) in New Zealand, adding approximately ZAR 4.5 billion in annualized revenue and ZAR 400 million in trading profit. The company exited its German Pier 7 operation in December 2024 for portfolio optimization while advancing infrastructure with new facilities such as Canberra in Australia, Bedford and Glasgow in the UK, Rome and planned Padua/Bari in Italy, Taupo/Wellington in New Zealand, and Worcester in South Africa. Further expansions continue across seven countries, including Algarve in Portugal and Kale Gida in Türkiye (effective January 2025), alongside progressive dividend increases and capex at around 3% of revenue for ESG initiatives like solar power and electric fleets.