Who Owns RocoMamas?
RocoMamas is owned by Spur Corporation Limited (JSE: SUR), a publicly traded South African restaurant company headquartered in Cape Town. RocoMamas was founded in 2013 by Brian Altriche and Spur Corporation acquired a 51% majority stake in March 2015. The brand is known for its hand-made smash-style burgers, ribs, and wings, and accounts for approximately 10% of Spur Corporation's South African restaurant sales alongside Panarottis.
Parent Company
Spur Corporation Limited
Acquired
2015
Status
Publicly Traded
Headquarters
Cape Town, South Africa
Who Owns RocoMamas?
- Parent Company: Spur Corporation Limited
- Ownership Type: Majority owned
- Acquisition Year: 2015
- Company Type: Publicly Traded
- Stock Ticker: JSE: SPR
| Brand | Parent Company | Ownership Type |
|---|---|---|
| RocoMamas | Spur Corporation Limited | Majority owned |
History of RocoMamas
- Founded: 2013
- Founders: Brian Altriche
- Acquired by Spur Corporation Limited: 2015
RocoMamas was founded in 2013 by Brian Altriche, a South African entrepreneur who had previously been a Spur Steak Ranches franchisee. Altriche recognized an opportunity in the South African casual dining market for a premium burger concept that offered a different experience from the existing fast food and casual dining options. He developed the RocoMamas concept around hand-made smash-style burgers, ribs, and chicken wings, with all orders prepared fresh on site.
The smash burger concept that Altriche developed for RocoMamas was distinctive in the South African market. The signature smash burger is made from three different fresh mince specifications, pressed onto a hot grill to create a crispy, caramelized crust while remaining juicy inside. The fresh preparation and customizable toppings differentiated RocoMamas from both traditional fast food burger chains and more formal sit-down restaurants.
Altriche opened the first RocoMamas restaurant in Malibongwe Drive, Johannesburg, and the concept proved immediately popular. The brand expanded rapidly through franchising, with the combination of a distinctive product, a casual and energetic atmosphere, and accessible pricing attracting a loyal customer base.
Spur Corporation recognized RocoMamas' potential as a growth brand that could complement its existing portfolio and provide exposure to the premium burger segment, which was growing rapidly in South Africa. In January 2015, Spur Corporation announced its intention to acquire a majority stake in RocoMamas, and the transaction was completed in March 2015 with Spur acquiring a 51% stake. Brian Altriche retained a minority stake and continued to be involved in the brand's development following the acquisition.
The Spur Corporation acquisition provided RocoMamas with the financial resources, franchise infrastructure, and operational support needed to accelerate its expansion. Under Spur Corporation's ownership, RocoMamas expanded its restaurant network across South Africa and into international markets including Namibia, Mauritius, and the Middle East.
RocoMamas has grown to become a significant brand within Spur Corporation's portfolio, accounting for approximately 10% of the group's South African restaurant sales as of fiscal year 2024. The brand's revenue growth of approximately 7.8% in fiscal year 2024 and 5.0% in fiscal year 2025 reflects continued consumer demand for its smash burger concept.
The brand has maintained its focus on fresh, hand-made burgers and a casual, energetic dining atmosphere that appeals to a younger demographic than Spur Steak Ranches' family-oriented positioning. RocoMamas' craft beer offering, which features a curated selection of South African and international craft beers, complements the food menu and differentiates the brand from competitors that focus primarily on food.
About Spur Corporation Limited
Spur Corporation Limited operates as a restaurant company with four primary brands: Spur Steak Ranches, Panarottis, John Dory's, and Casa Bella. The company's business model focuses on both franchise and company-owned restaurant operations.
The company generates revenue through restaurant sales, franchise fees, and royalties. Spur provides its franchisees with brand support, supply chain management, marketing, and operational guidance. The company maintains centralized support functions while allowing individual brands to maintain distinct identities and operational approaches.
Spur employs approximately 15,000 people across its corporate offices and restaurants. The company maintains its headquarters in Johannesburg, South Africa, with additional offices and operations supporting its global restaurant network.
- Founded: 1967
- Headquarters: Johannesburg, South Africa
- Company Type: Publicly Traded
- Stock: JSE: SPR
- Revenue: ~R1.4B (~$75M USD, FY2024)
- Employees: ~2,000 (head office and franchise support)
Where Is RocoMamas Made / Based?
- Headquarters: Cape Town, South Africa
- Manufacturing / Operations: South Africa
RocoMamas Sustainability & Ethics
RocoMamas operates under Spur Corporation's broader sustainability framework, which encompasses restaurant sustainability, local sourcing, waste reduction, and community engagement. As a premium casual dining brand, RocoMamas' sustainability considerations focus on responsible food sourcing, environmental stewardship, waste management, and community development initiatives.
Restaurant Sustainability: RocoMamas implements sustainable restaurant practices through energy-efficient kitchen operations, water conservation measures, and environmentally responsible building design for new locations. The brand works to minimize its environmental footprint through LED lighting, energy-efficient kitchen equipment, and sustainable building materials where possible, while maintaining the premium dining experience expected by customers.
Local Sourcing: RocoMamas emphasizes local sourcing of ingredients and supplies, supporting South African farmers and food producers while reducing transportation emissions. The brand sources beef, chicken, and other ingredients from local suppliers wherever possible, supporting the South African agricultural sector and ensuring fresh, high-quality ingredients for its menu items.
Waste Reduction: The brand implements comprehensive waste reduction programs including food waste minimization, recycling initiatives, and sustainable packaging solutions. RocoMamas works to reduce food waste through careful inventory management, portion control, and donation programs where feasible. The brand also focuses on recycling packaging materials and reducing single-use plastics in its operations.
Community Engagement: RocoMamas participates in community engagement initiatives through local restaurant involvement, youth development programs, and support for local community organizations. The brand's restaurants serve as community gathering spaces and participate in local events, school programs, and charitable initiatives that support the communities where they operate.
Employee Development: RocoMamas maintains strong employee development programs focused on skills training, career advancement opportunities, and fair employment practices. The brand invests in staff training to ensure high-quality service and food preparation while providing career pathways for employees in the restaurant industry.
Ethical Business Practices: The brand operates under strict ethical business standards including fair labor practices, responsible marketing, and transparent business operations. RocoMamas ensures compliance with South African labor laws and regulations while maintaining high standards of business ethics across its franchise network.
Awards & Recognition
RocoMamas has received recognition within the South African restaurant industry for its innovative smash burger concept, rapid growth, and contribution to the premium casual dining sector.
Industry Innovation Recognition: RocoMamas' smash burger concept has been recognized as an innovative approach to premium burger dining in the South African market. The brand's fresh preparation method and distinctive crispy-edged burgers have received acknowledgment from restaurant industry publications and food critics for differentiating the brand from traditional fast food offerings.
Growth Achievement Awards: The brand's rapid growth from a single restaurant in 2013 to a network representing approximately 10% of Spur Corporation's South African restaurant sales has been recognized as a significant achievement in the competitive restaurant industry. This growth demonstrates successful brand positioning and market acceptance.
Customer Experience Recognition: RocoMamas has received recognition for its customer experience and service quality, particularly in combining premium food quality with casual dining atmosphere. The brand's balance of upscale food preparation with relaxed dining environment has been acknowledged as successfully meeting evolving consumer preferences.
Craft Beer Program Recognition: The brand's curated craft beer selection has received recognition within the South African craft beer community for supporting local breweries and providing customers with diverse, high-quality beer options that complement the food menu.
Franchise Success Recognition: RocoMamas' franchise model has been acknowledged as successful in brand expansion while maintaining quality standards. The brand's ability to grow through franchising while consistent food quality and service standards has been recognized as an achievement in restaurant franchising.
Menu Innovation Awards: The brand's menu development, including its signature smash burgers, ribs, and wings, has received recognition for creativity and quality within the premium casual dining segment. The focus on fresh preparation and distinctive flavors has been acknowledged as setting industry standards.
RocoMamas Recalls & Controversies
RocoMamas has maintained a generally positive reputation in the South African restaurant market, though it has faced some challenges related to economic conditions, competition, and operational issues typical of the restaurant industry.
Economic Environment Challenges: RocoMamas operates in South Africa's challenging economic environment, including high unemployment, persistent load shedding (power cuts), and consumer spending constraints. These economic headwinds create ongoing challenges for premium casual dining spending, as consumers may trade down to less expensive options during periods of financial pressure.
Competition Pressure: The brand faces sustained competition from Burger King, Steers, and other burger chains with larger restaurant networks and greater marketing budgets. This competitive pressure creates challenges for customer acquisition and retention in the crowded South African burger market.
Franchise Quality Variability: The franchise model, while enabling rapid expansion, creates variability in restaurant quality and service standards across the network. Individual franchisees have different levels of operational capability, which can lead to inconsistent customer experiences and brand perception challenges.
Premium Positioning Challenges: RocoMamas' premium positioning and higher price points compared to traditional fast food burger chains may limit its addressable market in a price-sensitive consumer environment. Economic downturns can particularly impact premium casual dining brands.
Load Shedding Impact: South Africa's persistent power outages (load shedding) create operational challenges for restaurants, including equipment downtime, food safety concerns, and increased operational costs. These power supply issues can affect customer experience and restaurant profitability.
Supply Chain Disruptions: The brand faces supply chain challenges related to ingredient availability, cost fluctuations, and logistics issues that can affect menu consistency and pricing. South African supply chain disruptions can impact the availability and cost of key ingredients.
Food Safety and Quality Concerns: Like all restaurant brands, RocoMamas faces ongoing food safety and quality management challenges. The brand must maintain strict food safety standards across its franchise network to prevent foodborne illness incidents and maintain customer trust.
Brands Owned by Spur Corporation Limited
- John Dory's - South African seafood casual dining restaurant chain, owned by Spur Corporation ...
- Panarottis - South African Italian casual dining restaurant chain founded by Spur Corporation...
- Spur Steak Ranches - South Africa's largest steakhouse chain, founded on October 24, 1967 by Allen Am...
RocoMamas Ownership: Pros & Cons
Advantages
- +Spur Corporation's acquisition of a 51% majority stake in March 2015 provided RocoMamas with the financial resources, franchise infrastructure, and operational support of one of South Africa's largest restaurant companies, enabling significantly faster expansion than would have been possible as an independent brand
- +RocoMamas' smash burger concept, which uses fresh mince pressed onto a hot grill to create a distinctive crispy-edged burger, differentiates the brand from both traditional fast food burger chains and more formal sit-down restaurants, supporting premium pricing and customer loyalty
- +The brand's approximately 10% share of Spur Corporation's South African restaurant sales, equal to the more established Panarottis brand, demonstrates that RocoMamas has successfully established itself as a significant contributor to Spur Corporation's portfolio within a decade of its founding
- +RocoMamas' craft beer offering, which features a curated selection of South African and international craft beers, complements the food menu and differentiates the brand from competitors that focus primarily on food, supporting higher average spend per customer
- +Founder Brian Altriche's continued involvement following the Spur Corporation acquisition provides the brand with entrepreneurial energy and product innovation focus that is sometimes lost when founder-led businesses are acquired by larger corporations
Considerations
- -South Africa's challenging economic environment, including high unemployment, persistent load shedding, and consumer spending constraints, creates ongoing headwinds for premium casual dining spending, as consumers may trade down to less expensive options during periods of financial pressure
- -RocoMamas' premium positioning and higher price points compared to traditional fast food burger chains may limit its addressable market in a price-sensitive consumer environment
- -Competition from Burger King, Steers, and other burger chains with larger restaurant networks and greater marketing budgets creates sustained competitive pressure for customer acquisition and retention
- -The franchise model, while enabling rapid expansion, creates variability in restaurant quality and service standards across the network, as individual franchisees have different levels of operational capability
- -RocoMamas' relatively recent founding in 2013 and Spur Corporation's majority acquisition in 2015 mean that the brand has a shorter operating history than established competitors, creating some uncertainty about its long-term brand positioning and customer loyalty
Frequently Asked Questions About RocoMamas
Sources & Further Reading
- RocoMamas Official Website -
- Spur Corporation Official Website -
- Spur Corporation Investor Relations -
- JSE: Spur Corporation (SUR) -
- Spur Corporation Integrated Report 2025 -
- South African Craft Beer Association -
- South African Restaurant Association -
- South African Department of Health -
- Business Day South Africa -- Restaurant Industry Coverage -
- News24 -- Business News -
- Moneyweb -- Financial Analysis -
- IOL Business Report -- Company News -
- Eat Out South Africa -- Restaurant Reviews -
- Food & Home -- Culinary Magazine -
- Getaway -- Travel and Dining -
- Wikidata: RocoMamas entity -
- South African Food Safety Regulations -- Department of Health guidelines
- Franchise Association of South Africa -- Industry Standards -
- Hospitality Business -- Restaurant Industry Analysis -
- Restaurant Magazine -- Industry Coverage -
- Bloomberg -- Business News and Analysis -
- Reuters -- Company News Coverage -
- Wall Street Journal -- Financial News -
- Forbes -- Business and Restaurant Coverage -
- RocoMamas Official Website
- Spur Corporation Corporate Website
- JSE Limited Spur Corporation Information
- South African Restaurant Industry Analysis — Industry reports and publications
- South African Craft Beer Association
- Franchise Association of South Africa
- South African Food Safety Regulations — Department of Health guidelines
Competitors to RocoMamas
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Spur Corporation | South Africa | 1967 | Mass market | South africa | All-ages | |
| Spur Corporation | South Africa | 1990 | Mass market | South africa | All-ages |
Learn More About Competitors

Spur Steak Ranches
Owned by Spur Corporation Limited
South Africa's largest steakhouse chain, founded on October 24, 1967 by Allen Ambor in Newlands, Cape Town, and the flagship brand of JSE-listed Spur Corporation Limited.

Panarottis
Owned by Spur Corporation Limited
South African Italian casual dining restaurant chain founded by Spur Corporation in December 1990, specializing in pizza and pasta, and accounting for approximately 10% of Spur Corporation's South African restaurant sales.
Competitive Analysis
Market Positioning: RocoMamas competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Spur Corporation Limited Stock Information
Jobs at Spur Corporation Limited
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