Puratos Signs Agreement to Increase Production in South Africa

Puratos signed an agreement with Bidcorp Food’s Bakery Solutions Division in South Africa to jointly develop the bakery business in Southern Africa.

Bidcorp Food Africa (Bidcorp Food) is a subsidiary of JSE-listed Bid Corporation Limited (Bidcorp), whereby Puratos will become an equal shareholder in Bidcorp Food’s Bakery Solutions Division (BBS).
The entity, which will be named Puratos Chipkins, plans to increase production in South Africa and bring more quality and value-added ingredients to African bakers.

Bidcorp Food’s Bakery Solutions Division (previously Chipkins) is the largest bakery ingredients distributor in South Africa.
“This acquisition in South Africa will help us further develop the booming African market. We want to expand further in Africa. Not only does it help us strengthen our global presence, but it also gives us the opportunity to bring the same Puratos quality ingredients to every baker on the continent. With this investment, we also aim to accompany our industrial and retail customers who look at Africa, just as we do, as the next big frontier,” said Daniel Malcorps, Puratos CEO, in an official announcement.
With close to 100 years of expertise, Bidcorp Food’s Bakery Solutions Division, headquartered in Edenvale, Johannesburg, employs more than 400 people and acts as a leader in producing and delivering bakery ingredients in South Africa.