Bidcorp is a JSE-listed business and an international broad-line foodservice group (operating mainly as Bidfood) that distributes food and related products to the foodservice industry across developed and developing markets in five continents.
“Our basket of JSE-listed shares has sizeable exposure to many of the global stocks listed locally as well as to winning domestic businesses. The global shares are expected to deliver strong earnings for a variety of reasons (growing franchises, cyclical recovery, etc.) and trade with attractive upside. Holdings include Naspers, Quilter, Richemont, Bidcorp, and Aspen, amongst others.”