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Gold Brands buys 50% stake in Ed’s Diner

Creamer Media Contributing Editor Online
South African franchising company Gold Brands (GBI) will acquire 50% of the rights, trademarks and intellectual property of burger restaurant chain Ed's Diner from owner Vasilis Lazaridis. Gold Brands and Lazaridis will operate the restaurant chain in a joint venture, which will own the exclusive rights to roll out and franchise the Ed's Diner concept throughout South Africa. GBI will also be the exclusive supplier to the new franchise.

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