
According to consultants, the US coffee house chain Starbucks is to examine a takeover of the fast food company Chipotle, with the focus also being on personnel changes.
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Brian Niccol worked at Chipotle between 2018 and 2024 and is currently CEO of Starbucks.
According to a media report, the US coffee house chain Starbucks is considering taking over the fast food company Chipotle. According to the Financial Times, Starbucks has been working with advisors on a takeover bid for Chipotle. The Tex-Mex chain has a market value of around $39 billion.
The newspaper cites people familiar with the matter. The current status of the takeover plans and whether Starbucks has already made a formal offer to Chipotle is therefore unknown. It is also unlikely that a merger is even possible given the complexity of such a merger.
According to the report, the plans also include personnel changes. Starbucks CEO Brian Niccol is expected to return to Chipotle. Niccol led the company between 2018 and 2024.
According to the report, Chipotle shares rose by around six percent. Starbucks shares, however, lost around three percent.
Starbucks declined to comment to the Financial Times. Chipotle also did not respond to a request for comment.

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