Johannesburg; Monday, 4 July, 2016: In line with the Group’s strategy to build Supply Chain capability and capacity, Famous Brands has acquired a state-of-the-art tomato paste manufacturing plant, Cape Concentrate, situated in the Coega precinct in the Eastern Cape. The practically unused facility, constructed in 2010 at a cost of R200 million, was bought out […]
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This announcement is published in accordance with paragraph 3.59 of the JSE Listings Requirements. The Board wishes to advise that Norman Richards, currently Group Financial Director will be appointed Group Commercial Executive and Kelebogile (Lebo) Ntlha, currently Group Financial Executive and Company Secretary, will be appointed Group Financial Director. These appointments are effective as at […]
Appointment of independent non-executive director. This announcement is published in accordance with paragraph 3.59 of the JSE Listings Requirements. The Board of Directors wishes to advise that Thembisa Dingaan has been appointed as an independent non-executive director with effect from 1 June 2016. Thembisa, (BProc, LLB, LLM, H Dip Tax), is a qualified attorney, admitted […]
Unabated stellar growth REVENUE up 31% OPERATING MARGIN up to 18% HEADLINE EARNINGS up 16% DIVIDENDS up 14% Bold acquisitions Pioneering new brands Innovative new categories Significant vertical integration gains Capability and scale built to advance 2020 vision Johannesburg; Monday, 30 May 2016: Famous Brands has reported record turnover and profits for the period ended […]
Johannesburg; Thursday, 26 May 2016: Famous Brands has acquired 100% of the business of Lamberts Bay Foods (LBF), a wholly-owned subsidiary of JSE-listed Oceana Group Limited (Oceana). The company processes French fries and other value-added potato products at its factory in Lambert’s Bay, Western Cape, for sale to wholesalers, retailers and restaurant chains. LBF is […]
Johannesburg; Monday, 16 May, 2016: Famous Brands has acquired a 51% stake in recently launched Salsa Mexican Grill, a Fast-Casual dining concept centered on traditional Mexican food and beverages. The brand is currently represented by its maiden restaurant, opened in June 2015, in Fourways, Gauteng. Two further franchised outlets are scheduled to open during the […]