Spur takes 51% stake in Nikos grill, seeks to expand restaurant portfolio

SOUTH AFRICA - The steakhouse franchise restaurant chain, Spur Corporation has acquired 51% stake in Nikos Coalgrill Greek chain, a brand that the company believes has the potential to expand to about 50 restaurants nationally over the next few years. Spur CEO Pierre van Tonder said that Spur was seeking out more opportunities in a…