Spur buys Hussar Grill for R35 000 000


Fast-food retail group Spur Corporation announced has bought the Hussar Grill‚ a Western Cape-based steakhouse chain‚ for R35m in cash.

The Hussar Grill consists of six restaurants across Cape Town‚ including outlets in Rondebosch‚ Camps Bay‚ Green Point‚ Stellenbosch‚ and Constantia.

Spur’s chief executive Pierre van Tonder said the purchase would give the group exposure to an upmarket specialist steakhouse chain.

He said the Hussar Grill brand was highly regarded in the Western Cape‚ with the Hussar grill-room in Rondebosch having operated for the past 50 years.


read more
 
 
 
Your Edition
Support
Follow Us
 
Website
bizcommunity.com
208315 Daily Page Views
Featured this week
Vegetarian Split Pea Soup Recipe photo

Vegetarian Split Pea Soup Recipe

 
Diva, Jeremy Clarkson`s 20 bottle wine demands photo

Diva, Jeremy Clarkson`s 20 bottle wine demands

 
Daily Alerts

Subscribe to our daily alerts and get the latest trending news directly in your inbox