Nando’s is privately owned by the South African Enthoven family, primarily through their investment group Yellowwoods, which ultimately controls the global Nando’s restaurant chain.

Who owns Nando’s?

  • The ultimate owner is South African businessman Dick Enthoven and his family, who control Nando’s via the investment company Yellowwoods (formerly Capricorn Ventures International).
  • Nando’s is not listed on a stock exchange; it operates as a privately held company rather than a public one.

Founders vs current owners

  • Nando’s was founded in 1987 in Johannesburg by Fernando Duarte and Robert (Robby) Brozin, who bought a small chicken restaurant called Chickenland and rebranded it as Nando’s.
  • The Enthoven family initially came in as investors, later becoming the main controlling owners as the chain expanded internationally.

How the structure works today

  • The Enthoven family’s Yellowwoods group sits at the top, with Nando’s operating through regional subsidiaries and franchises in different countries (for example, the UK arm of Nando’s is also controlled via the Enthoven family’s investment entities).
  • Day‑to‑day operations are run by professional management teams in each market, but strategic control and ultimate ownership remain with the Enthoven family.

Information gathered from public forums or data available on the internet and portrayed here.