M&A Deal Summary

Bidcorp Group Acquires Guzmán Gastronomía SL

On April 5, 2017, Bidcorp Group acquired food company Guzmán Gastronomía SL

Acquisition Highlights
  • This is Bidcorp Group’s 1st transaction in the Food sector.
  • This is Bidcorp Group’s 1st transaction in Spain.

M&A Deal Summary

Date 2017-04-05
Target Guzmán Gastronomía SL
Sector Food
Buyer(s) Bidcorp Group
Deal Type Add-on Acquisition

Target

Guzmán Gastronomía SL

Mercabarna, Spain
Food Guzman ("Guzman") is a manufacture, marketer and distributor throughout the Spanish territory of fruits and vegetables and preserves and other gourmet products for the hotel, restaurant,-hotels, restaurants, catering companies and communities.

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Buyer(S) 1

Buyer

Bidcorp Group

Johannesburg, South Africa

Category Company
Founded 1988
Sector Food
Employees29,112
Revenue 225.9B ZAR (2024)
DESCRIPTION

Bidcorp Group is an international broad-line foodservice group that engages in developed and developing economies on five continents. Focused on foodservice, the business comprises a mix of well-established leading and rapidly growing market positions, offering significant future upside. The profile of the customer base is strategically targeted to service the foodservice industry’s needs fully. The foodservice business has elements of commoditisation; however, great strides have been made by teams developing product, menu, and delivery solutions based on collaboration and fully understanding their customers’ needs. Bidcorp Group was founded in 1988 and is based in Johannesburg, South Africa.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2017 M&A 1 of 1