Did McDonald's ever own chipotle?

The answer to this question is no. Not even close. While chipotle Mexican Grill still operates independently, the two companies have never had a relationship. If Chipotle Mexican Grill ever wanted to acquire or invest in McDonald's, they'd have to make a different business deal than the one they have with Taco Bell, Qdoba, and other fast casual brands.

Did McDonald's ever own chipotle restaurants?

No, the fast food icon never owned nor operated any chipotle restaurants. Chipotle Mexican Grill was created by the founder of Queso Fresco, Steve Ells, in 1993, and the first location opened in Denver in 2002. However, most of the locations were franchised.

Did McDonald's ever have an ownership stake in chipotle?

The two companies have had a long relationship, but that doesn’t mean they have ever owned each other. Chipotle was founded by a group of friends in 1993 and began franchising in 1995. It wasn’t until 2006 that the brothers of that group, Steve Ells, Monty Brinton, and Richard Ellis, purchased the company for $1.5 billion. At the time, the group was also buying the Boston Market and the Qdoba Mexican Eats brands.

Did McDonald's own chipotle?

Though it sounds like a crazy business idea, the fast food giant once tried to purchase the beloved Mexican brand back in the 90s. In 1993, the fast food company Pentagram purchased the stake of the company’s founder and attempted to sell it as a brand extension. However, the Mexican government denied the sale due to conflict of interest, and the brand eventually remained with its owner.

Did hamburger king ever own chipotle?

In an effort to get more consumers to eat their veggies, the fast food behemoth created the McLean & Son’s line of frozen vegetables back in the 1940s. The product line was created in partnership with the California-based food company, Swanson, but the chips were created by the Mexican-based company, Chipotle Mexican Grill. In order to get more people to try them, the two companies created a special blend of red chile powder and herbs that made them taste like ch