Famous Brands Holdings Case Study

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• Famous Brands Holdings is a franchisor that owns a chain of quick service and casual dining Franchises as well as their own manufacturing and logistics divisions. Famous Brands Ltd. have also branched out into retail, selling their own range of sauces, meat, spices, cheese, bakery items, ice cream, fruit juice, mineral water, coffee and other hot beverage products. General Points • Famous Brands Ltd. holds an interest in UAC Restaurants Ltd. as well as multiple subsidiaries. • The Famous Brands Group consists of Franchising and Development, Manufacturing and Logistics divisions. • Famous Brands Ltd. sell and manage franchise systems to franchisees who operate the businesses and pay a royalty based income to Famous Brands. A second revenue stream comes from the manufacture, supply and distribution of the products used in these restaurants, such as sauces and fruit juice. • The Famous Brands head office is situated at 478 James Crescent, Midrand. • There are three executive directors, as well as a team of eight key executives. The three executive directors are Kevin Hedderwick, Darren Hele and Norman Richards. • There are nine non-executive directors who provide an independent oversight role. They contribute to strategic decisions and are necessary to ensure good corporate governance. Of the nine non-executive directors, four are from the founding family – namely Theofanis, John Lee, Perkiliks and Panagiotis Halamandaris. • Famous Brands Ltd. has 200 000 000 authorised

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