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Meet the Yuppiechef founders who will score in a R460 million takeover by Mr Price


Meet the Yuppiechef founders who will score in a R460 million takeover by Mr Price
Business Insider SA
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Yuppiechef founders Shane Dryden (left) and Andrew Smith in 2014. Photo: Yuppiechef
Mr Price is buying Yuppiechef in a deal worth almost half a billion rand - in cash.
A US hedge fund owns a minority stake in the online retailer, but the main beneficiaries are thought to be the company s three directors.  
The two founders started Yuppiechef on the side in 2006, and it took years before they earned money from it.
For more articles, go to www.BusinessInsider.co.za.
After starting Yuppiechef in a lounge in a middle-class Cape Town suburb, and waiting years for it to take off, the founders of the retailer have finally hit a massive pay day. ....

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