Covid-19 kills off Famous Brands’ GBK, just as Wimpy owner was fixing it up
Covid-19 has proved too much for GBK’s accountants, with Famous Brands announcing on Thursday that it won’t be putting anymore money into the company.
Wimpy
News gleaned from Wimpy roadshow sure to delight my pal Lewis Pugh
In support of Lewis Pugh’s initiative, Wimpy is to remove all plastic straws from its outlets, replacing them with old-fashioned paper alternatives.
Famous Brands buys majority stake in Salsa Mexican grill
Famous Brands will take a 51% stake in recently launched local firm Salsa Mexican Grill, in a drive to extend its presence in the casual dining sector.
RCL foods to make R80m Botswana acquisition
From SENS RCL Foods, through one of its operating subsidiaries Vector Logistics (Pty) Ltd, has entered into an agreement to acquire a 49% shareholding in Senn Foods Logistics (Pty) Ltd of Botswana, for P65.5m (R79.9m). The acquisition was subject to regulatory approvals in Botswana and South Africa, and RCL Foods is pleased to confirm that the necessary approvals have been obtained … Read more