South Africa's Famous Brands, owner of Debonairs Pizza and Steers burgers, in partnership talks with Shoprite on Nigeria

Famous Brands Ltd. (FBR), the South African owner of fast-food chains including Debonairs Pizza and Steers burgers, is in talks with supermarket operator Shoprite Holdings Ltd. (SHP) about expanding a partnership to Nigeria and Zambia.

That strategy, and other moves to add fast-food outlets throughout the sub-Saharan Africa region, will help Famous Brands more than double the proportion of earnings from operations abroad across the continent, Chief Executive Officer Kevin Hedderwick said in an interview.

Negotiations with Shoprite involve “how we can work closer together in places like Nigeria, where they have a big footprint,” as well as in Zambia, Hedderwick said in an interview as his company’s Johannesburg headquarters today.

Read more: Famous Brands in Partner Talks With Shoprite on Nigeria – Bloomberg.

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