Investment Summary |
|
|---|---|
| Date | 2016-05-16 |
| Target | Salsa Mexican Grill |
| Sector | Restaurants |
| Investor(s) | Famous Brands Management |
| Deal Type | Stake Purchase |
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Steers, South Africa’s leading burger brand has been serving South Africans its legendary 100% pure beef, flame-grilled burgers and handmade chips for almost 50 years. Steers has won the Leisure Options Award for the Best Burger for the past 17 years running, and Best Chips for the past 14. Steers success is due in part to its extensive network of 505 local restaurants together with its growing African footprint of 45 restaurants, operating in countries such as Nigeria, Mauritius and Zambia. Steers track-record proves that flame-grilled, just tastes better.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 7 |
| Sector: Restaurants M&A | 3 of 4 |
| Type: Stake Purchase M&A Deals | 4 of 4 |
| Country: South Africa M&A | 5 of 6 |
| Year: 2016 M&A | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-25 |
Lupa Osteria
Hillcrest, South Africa Lupa Osteria is an authentic Italian restaurant business trading in the full-service family casual dining segment. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-26 |
Lamberts Bay Foods
Lamberts Bay, South Africa Lamberts Bay Foods Ltd. is a fries and other value added potato products manufacturer. LBF was established in 1995 and is headquartered in Lamberts Bay, South Africa. |
Buy | - |
