Pierre van Tonder, CEO Spur SPUR CORPORATION BUYS INTO RIB BUSINESS TO SECURE SUPPLIES The Spur Group (“Spur”) has acquired a 30% stake in Braviz Fine Foods (Pty) Ltd, a start-up operation currently establishing a new world-class meat processing facility in Johannesburg that will specialise in processing rib cuts. Spur’s R36 million investment, structured in the form of equity and shareholder loans, will assist the group in securing its rib supply. Ribs are amongst its most popular menu items, according to CEO Pierre van Tonder. The 6 000 m² meat processing plant, being built at a cost of R120 million, is scheduled to begin production by December this year.  Employing over 50 people, it will have the capacity to process 700 metric tons a month. Van Tonder says the highly advanced technology of the facility, coupled with the expertise of the other shareholders, who are industry experts and who will be responsible for day-to-day operations, will maximise ef...