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 on bizcommunity.com
The world`s first insect and wine matching guide photo
Little Hamster Bartenders Serving Tiny Food And Drinks photo
You Won`t Believe Why These Restaurants Were Sued photo
 
 
 
Your Edition
Support
Follow Us
 
bizcommunity.com
Read daily news, views, analysis & comment; find jobs & upload CVs; track press office news, account wins & appointments; list your company in our directory; diarise events; upload profiles, galleries & showcases; diarise events; network through MyBiz & subscribe to daily or weekly newsletters!