星巴克探索收购Chipotle墨西哥烧烤连锁

据英国《金融时报》周四报道，星巴克正在探索收购Chipotle Mexican Grill的可能性1。这一潜在交易涉及重大的餐饮业并购，其中星巴克市值约为1070亿美元，而Chipotle的市值约为390亿美元1。消息公布后，Chipotle股价上涨约6%，而星巴克股价下跌约3%1。

星巴克现任首席执行官布莱恩·尼克尔于2024年9月加入星巴克1。尼克尔曾在Chipotle任职6年，被认为帮助该公司度过了食品安全危机并建立了数字业务1。截至去年年底，Chipotle在美国拥有近4000家门店，约100家国际门店，而星巴克全球则拥有约40000家门店1。

分析人士指出，这笔交易对星巴克而言成本巨大，且时机不佳，因为星巴克正处于转型期1。自尼克尔上任以来，星巴克已投入至少5亿美元用于劳动力投资1。同时，星巴克的调整后营业利润率为14.4%，低于两年前同期的16.7%1。

Starbucks is exploring the possibility of acquiring Chipotle Mexican Grill, according to reporting from the Financial Times published on Thursday 1. The potential transaction would reunite Starbucks Chief Executive Officer Brian Niccol with the fast-casual restaurant chain he previously led before joining Starbucks in September 2024 1. With Starbucks valued at approximately $107 billion and Chipotle at roughly $39 billion, the deal would represent a significant consolidation in the restaurant industry 1.

Market reaction to the acquisition speculation was mixed 1. Chipotle's stock price rose approximately 6 percent following the news, while Starbucks shares declined about 3 percent 1. Analysts have expressed skepticism about the timing and cost of the potential deal, noting that Starbucks is currently undergoing a period of transformation 1. The company has already invested at least $500 million in workforce initiatives since Niccol took the helm 1, and its adjusted operating margin has contracted to 14.4 percent from 16.7 percent two years prior 1.

Niccol spent six years at Chipotle, where he was credited with guiding the company through a food safety crisis and developing its digital business operations 1. Currently, Chipotle operates approximately 4,000 stores across the United States and roughly 100 international locations, while Starbucks maintains a global footprint of about 40,000 stores 1.