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Famous Brands wins Netcare catering deal

Nov 22 2012 10:20 I-Net Bridge

Company Data

NETCARE LIMITED [JSE:NTC]

Last traded 25.30
Change 0.17
% Change 0.01
Cumulative volume 1651717
Market cap 37.35bn

Last Updated: 24/04/2014 at 04:29. Prices are delayed by 15 minutes. Source: McGregor BFA

FAMOUS BRANDS LIMITED [JSE:FBR]

Last traded 106.00
Change 0
% Change 0.00
Cumulative volume 17782
Market cap 10.52bn

Last Updated: 24/04/2014 at 04:03. Prices are delayed by 15 minutes. Source: McGregor BFA

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Johannesburg – Famous Brands [JSE:FBR] has won a tender to provide private hospital group Netcare [JSE:NTC] with catering and retail services under the Net Café brand.

The effective date of the transaction was November 1 2012 and involves 38 existing coffee shops.

Famous Brands CEO Kevin Hedderwick said: “Our stated growth strategy is to increase Famous Brands’ presence in various markets segments; the private hospital arena is an example of that.”

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