The story
Founded by George Halamandress in 1960, Famous Brands was originally known as Steers. Halamandress had previously created the original Milky Lane ice cream parlours, followed in quick succession by the first South African steakhouse.
In 1999, Steers Group acquired Debonairs Pizza.
In August 2003, Famous Brands acquired Pleasure Foods, which included the South African master franchise license for Wimpy for R150.6 million.
In February 2007, Famous Brands acquired a majority stake in Wimpy.
In July 2009, Famous Brands acquired Mugg & Bean.
In September 2016, Famous Brands acquired Gourmet Burger Kitchen in the United Kingdom from Capricorn Ventures for £120 million. In October 2020, Gourmet Burger Kitchen was sold to Boparan Restaurant Group for an undisclosed sum.
From Wikipedia’s article on Famous Brands, shared under CC BY-SA 4.0.4
