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Bidcorp

South African-listed foodservice group with operating roots in 1989, a legal company incorporated in 1995, and an independent JSE listing since May 2016.

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Bidcorp is an independent foodservice group listed on the JSE. Its operations separated from Bidvest in 2016, and its share code is BID. [7]

History

The operating business traces its roots to South African foodservice acquisitions in 1989. International growth included entry into Australia in 1995 and New Zealand in 2000. [3]

The legal company was incorporated on 17 August 1995. The pre-listing statement records the transfer of Bidvest’s foodservice assets into Bidcorp in 2016. [1]

The unbundling and separate listing took effect on 30 May 2016. Bidvest’s annual report records the foodservice separation as discontinued operations. [2]

Operations and management

Bidcorp supplies foodservice customers through businesses in Australasia, the United Kingdom, Europe and Emerging Markets. Its model combines local operating teams with group support. [6][5]

Its board biographies identify Brian Joffe as founder and Bernard Berson as chief executive. These roles were checked on 12 October 2026. [4]

Dated financial scale

For the year ended 30 June 2026, Bidcorp reported revenue of R242.2 billion and trading profit of R13.8 billion. [8]

Frequently asked questions

Is Bidcorp a subsidiary of Bidvest?

The 2016 unbundling created an independent listed group. Bidcorp and Bidvest have a shared corporate history and separate listings. [2]

Why are several origin dates used?

Foodservice operations began in 1989. The legal company was incorporated in 1995. The separate listing began in 2016. [3][1][7]

Key milestones

  1. South African acquisitions established the foodservice operating roots. [3]

  2. Legal company incorporated in South Africa. [1]

  3. Listed independently on the JSE after separation from Bidvest. [7]

Founded / co-founded by

  • Brian Joffe — South African entrepreneur who founded the business that became Bidvest in 1988 and led the group for decades.

Company builders

  • Bernard Berson — Bidcorp chief executive who helped build Bidvest’s international foodservice operations and led the business after its separate listing in 2016.

Related articles

Related institutions

  • Bidvest — Bidvest is a South African services, trading and distribution group built from the company Brian Joffe founded in 1988.

Sources

  1. Bidcorp, Pre-listing statement: corporate history and unbundling, pages 3 and 8–12, 2016-04-14. Original source. Accessed 2026-10-12. ↩
  2. Bidvest, Annual Integrated Report 2016: separation and discontinued operations. Original source. Accessed 2026-10-12. ↩
  3. Bidcorp, Our history: foodservice origins and international expansion. Original source. Accessed 2026-10-12. ↩
  4. Bidcorp, Leadership team: board biographies. Original source. Accessed 2026-10-12. ↩
  5. Bidcorp, Our strategy: decentralised operations and food expertise. Original source. Accessed 2026-10-12. ↩
  6. Bidcorp, Who we are: markets, customers and distribution. Original source. Accessed 2026-10-12. ↩
  7. Bidcorp, Shareholder FAQ: listing date and share code. Original source. Accessed 2026-10-12. ↩
  8. Bidcorp, Audited results for the year ended 30 June 2026, 2026-08-26. Original source. Accessed 2026-10-12. ↩