Grand Parade eyes Burger King supply chain – Business Day Live

Empowerment investment company Grand Parade Investments has acquired a stake in a burger patties company as a strategic move towards owning the entire Burger King supply chain. The firm’s wholly owned subsidiary, Grand Foods, early in September announced the acquisition of 65% of Excellent Meat Burger Plant for R37 million. Grand Foods was established two years ago to solely produce burger patties for Burger King in South Africa. It holds the master franchise agreement for Burger King in Southern Africa. Dirk van Vlaanderen comments. View article