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Famous Brands

From Wikipedia, the free encyclopedia
South African restaurant franchisor

Famous Brands Limited
Company typePublic
JSE:FBR
ISINZAE000053328
IndustryFast casualrestaurants
Foodmanufacturing
Logistics
Retail[1]
Founded1960; 65 years ago (1960)
FounderGeorge Halamandres
Headquarters,
Number of locations
2,979(2025)[1]
Area served
South Africa
United Kingdom
Middle East
Africa
Key people
Darren Hele (CEO)[2]
Christopher Boulle (Chairman)[3]
RevenueIncreaseR8.28 billion(2025)[2]
Increase R914 million(2025)[2]
Increase R585 million(2025)[2]
Total assetsIncrease R3.64 billion(2025)[2]
Total equityIncrease R1.29 billion(2025)[2]
SubsidiariesDebonairs Pizza
Websitefamousbrands.co.za

Famous Brands (formerly known asSteers Group) is aSouth African-basedconglomerate predominately dealing infast casualrestaurants, and is currently headquartered inMidrand.

Founded in 1960, the company operates around 3,000 locations across 30 countries,[2] and listed on theJSE Limited in 1994.[1] It is a level 1BBBEE contributor.[4]

The company is also involved in food and beverage manufacturing, logistics, and retail, in relation to its restaurant outlets.[1]

History

[edit]

Founded by George Halamandress in 1960, Famous Brands was originally known asSteers. Halamandress had previously created the original Milky Lane ice cream parlours, followed in quick succession by the first South African steakhouse.[5]

In 1999, Steers Group acquiredDebonairs Pizza.[6]

In August 2003, Famous Brands acquired Pleasure Foods, which included the South African master franchise license forWimpy forR150.6 million.[7]

In February 2007, Famous Brands acquired a majority stake inWimpy.[8]

In July 2009, Famous Brands acquiredMugg & Bean.[9]

In September 2016, Famous Brands acquiredGourmet Burger Kitchen in the United Kingdom from Capricorn Ventures for £120 million.[10] In October 2020, Gourmet Burger Kitchen was sold toBoparan Restaurant Group for an undisclosed sum.[11]

Operations

[edit]

Famous Brands' operations comprise 4 pillars - restaurants, manufacturing, logistics, and retail. As of 2025, the group operated 9 logistics sites, 11 manufacturing facilities, and sold a total of 188 products.[1]

As per the group's February 2025 financial statements, it had 2,979 restaurants in 30 countries. Of these, 2,626 were located inSouth Africa. A further 224 were located throughout theSADC, 68 across the rest ofAfrica and theMiddle East, and 61 in theUnited Kingdom.[2]

As of mid-2025, Famous Brands owned and operated the following restaurant chains in its mainstream category:[12]

  • Debonairs Pizza (868 locations)
  • Steers (735 locations)
  • Wimpy (539 locations)
  • Mugg & Bean (322 locations)
  • Fishaways (242 locations)
  • Milky Lane (132 locations)
  • Signature Brands (122 locations)
  • Mr Bigg's (13 locations)
  • Other (6 locations)

The group operates numerous small, upmarket chains under its Signature Brands portfolio, including Lupa, Mythos, Paul, Salsa Mexican Grill, Turn ‘n Tender, Vovo Telo, and House of Coffees.[12]

References

[edit]
  1. ^abcde"Famous Brands - Home". Famous Brands. Retrieved9 June 2025.
  2. ^abcdefgh"Famous Brands - Annual Results Presentation for the Year Ended 28 February 2025"(PDF). Famous Brands. 2025. Retrieved9 June 2025.
  3. ^"Famous Brands - Board and Management". Famous Brands. Retrieved9 June 2025.
  4. ^"Famous Brands - BBBEE Certificate". Famous Brands. Retrieved9 June 2025.
  5. ^"Some memories of Rosebank in 1966 | The Heritage Portal".www.theheritageportal.co.za. Retrieved13 February 2024.
  6. ^Agrawal, Vanshika (11 January 2023)."Debonairs Pizza SWOT & PESTLE Analysis | SWOT & PESTLE".SWOT & PESTLE.com. Retrieved13 February 2024.
  7. ^"Steers buys Pleasure Foods".Business. Retrieved13 February 2024.
  8. ^"Wimpy links with Rascals for year-long promotion".www.campaignlive.co.uk. Retrieved13 February 2024.
  9. ^simon (27 July 2009)."Mugg & Bean joins Group".Famous Brands. Retrieved13 February 2024.
  10. ^"Wimpy owner, Famous Brands, buys Gourmet Burger Kitchen for £120m".BelfastTelegraph.co.uk. 1 September 2016.ISSN 0307-1235. Retrieved13 February 2024.
  11. ^Butler, Sarah (14 October 2020)."Ranjit Singh Boparan buys Gourmet Burger Kitchen in rescue deal".The Guardian.ISSN 0261-3077. Retrieved13 February 2024.
  12. ^abStaff Writer (7 June 2025)."South Africa's most popular pizza chain opening a new outlet every other week". BusinessTech. Retrieved9 June 2025.

External links

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