Annual Integrated Report 2019

Emerging Markets With a geographic footprint over four continents, this division includes operations in Africa, South America, Asia, the Middle East and Europe. Revenue R21,1bn Employees 6 100 Trading pro t R1,0bn Bidfood SA Crown Food Chipkins Puratos Mainland China Hong Kong Singapore Malaysia Vietnam Brazil Chile Argentina Middle East Turkey Our food adventure and global offering The achievement of a consistently good track record is a result of strong organic and acquisitive growth, positive market fundamentals and the advantages of shared operational best practice, network density, and deep local customer and supplier relationships. of Bidcorp listed on the JSE United Kingdom is a market-leading foodservice and product distributor serving customers in the hospitality, institutional, catering and free-trade sectors. United Kingdom Revenue R33,3bn Employees 7 067 Trading pro t R1,7bn Bidfood UK Bidfresh UK 3 years For more information see pages 36 to 41 For more information see pages 48 to 53 Acquired 100% of South African Chipkins and Sea World signalling the start of Bidcorp’s foodservice operation. – 1989 Acquired Crown National in South Africa – 1992 Acquired 80% stake in Horeca Trade, a UAE based foodservice distributor. – 2006 Acquired 100% of Angliss, a leading foodservice wholesaler and distributor in Singapore and Hong Kong . – 2007 Acquisition of 80% of Deli Meals in Chile , our rst entry into South America. – 2012 Acquisition of 51% of Aktaes Holdings, a foodservice provider in Turkey . – 2013 Acquired a 60% stake in Distribuidora E Importadora Irmãos Avelino, a foodservice provider in Brazil . – 2014 Investments throughout mainland China , driving second-tier city presence strategy – 2015 Invested 38% into an Argentinian business, Blancaluna – 2019 Established Bidvest Plc (now Bidcorp Foodservice International Limited) in the United Kingdom – 1998 Booker Foodservice, renamed 3663 First for Foodservice, acquired in the United Kingdom . – 1999 Acquired 100% of Seafood Holdings, later rebranded to Bidfresh UK , a market leading fresh sh foodservice business operating in the UK. – 2011 Bought 100% of PCL24/7 Transport Limited, a logistics storage and distribution business – 2015 Exited the PCL business, offered remaining logistics operation for sale. Acquired specialty food manufacturing business, Punjab Kitchen, renamed Simply Food Solutions – 2019 Bid Corporation Limited Annual integrated report 2019 / 7 This is Bidcorp