Bidfood, the new business entity

An opportunity for Sharing and Celebration.

Bidvest, South Africa’s biggest company by revenue has transferred its foodservices assets into a new business – Bidfood, which was listed on the Johannesburg Stock Exchange in May 2016. The separation of interests will better allow management to focus and increase the scope for entrepreneurial flair, both domestically and abroad.

Thereafter, a Bidfood conference took place in Singapore early September 2016, focusing on celebrating the group’s achievements, sharing a vision for the future, and most importantly, for colleagues from around the world to get to know each other. It also presented a great opportunity to exchange ideas and learn from each other, as there is something unique, interesting, and innovative in every one of Bidcorp’s businesses across the globe.

Held at Singapore’s Shangri-La Rasa Sentosa Resort, the conference was the first chance for the extended management teams to get together and represent the total Bidfood Group. There was also
the opportunity to showcase the depth, diversity and reach of Bidcorp’s business worldwide. Everyone shared their experiences, expertise, best practice, challenges and triumphs.

Sentosa was selected as the conference location as it represents peace and tranquility, and in the hope that everyone will leave in that frame of mind, enthused and positive for the future.

Bidfood CEO, Bernard Berson said, “Last year was a great one for us, and it is now time to look forward with renewed passion and optimism to an even brighter future. I am proud to be on this journey together with you all.”

It represents the next step in the company’s development as a global leader in the foodservice industry, and will enable its management to focus on realising the potential that exists in this dynamic sector, as well as creating an improved platform from which to pursue both organic and acquisitive growth.

Other benefits include improved management focus, enhanced global acquisition opportunities and risk management and dramatically improved scope for entrepreneurial flair, which has always been a hallmark of Bidfood’s operation.