Does McDonald's still own part of chipotle?
Over the years, the relationship between chipotle Mexican Grill and the fast-food giant has been the source of much speculation. Chipotle's first big "investment" in the brand was an initial $40 million investment in 2006, when the company was just a few years old. As of October 2015, the investment is valued at $1.5 billion.
Does McDonald's still own part of chipotle mexico?
Fast food conglomerate McDonald's couldn't have known it at the time, but the company's investment in the fast-growing Mexican food company chipotle would soon pay off. In 2006, Chipotle became the first fast food company to offer allergen-free burritos with quesadillas and bowls in the United States. The unique menu item was a major hit with consumers, as was Chipotle's decision to use only ingredients sourced locally. Today, the company operates more than 300 locations
Does McDonald's still own part of chipotle Mexico?
If you’re wondering whether the fast food giants still own part of chipotle Mexico, the answer is yes. Investment firm 3G Capital purchased controlling interest in the company in 2010, but the firm still holds a minority share. In addition, the company holds a controlling interest in the company’s other two U.S. locations — the one in California and one in North Carolina.
Does McDonald's still own part of chipotle recipe?
This one is a little more complicated. Chipotle Mexican Grill has filed legal action against Arcos Dorados, the parent company of Quesarito, over claims that the Mexican fast food restaurant is using the brand name without authorization. Specifically, Arcos Dorados says that the Quesarito menu, packaging, online, and advertising all use imagery that is similar to the design of the Chipotle Mexican Grill logo, which the company claims to own.
Does McDonald's still own part of chipotle restaurant?
Yes, the fast-food giant still holds an investment in Chipotle Mexican Grill. The company partially invested $50 million in the burrito chain in 2009, and it’s estimated that it currently holds about 20 percent of the company, according to Bloomberg. The investment was part of a $30 million financing round that Chipotle completed in late 2009 to help the company weather its financial crisis.