South African company worth R147 billion snaps up five companies in a year

• Bidcorp's acquisition of five companies in the past year is worth R2.7 billion in revenue and R142 million in trading profit.
• The company, an international food service, distribution, and technology group, has a reputation for being a serial acquirer and has grown predominantly through acquisitions.
• Bidcorp is shifting its focus to organic growth in its key markets, aiming to increase profitability by selling a wider range of products to existing customers and bringing in new companies within its operations.