Food service
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Restaurant Brands expands American footprint with acquisition of Firehouse Subs for US$1B
USA — Multinational fast food holding company, Restaurant Brands International Inc., is acquiring Firehouse Restaurant Group Inc., the parent company of Firehouse Subs, for $1…
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Famous Brands posts strong performance despite tough operating environment
SOUTH AFRICA – South African restaurant franchisor, Famous Brands has reported a 50% revenue growth to R3 billion (US$198m) in the half year period ended…
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Subway enters master franchise agreement with Everstone to expand presence in India
INDIA – American multi-national fast food restaurant franchise, Subway has entered into a master franchise agreement with South Asia-focused private equity company, Everstone Group, with…
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B2B marketplace Vendease gets US$3.2m to help hotels, restaurants access food supplies in Africa
NIGERIA – Vendease, a Nigeria based online marketplace that allows restaurants and other food businesses to buy supplies straight from manufacturers and farms, has raised…
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Bolt Food South Africa expands into Johannesburg as it guns for rivals
SOUTH AFRICA – Bolt Food South Africa, the food delivery arm of ride-hailing firm Bolt, has expanded into Johannesburg, targeting to take on main competitors…