Veytics Intelligence
2026-10-08 · CNBC

Why a Starbucks takeover of Chipotle would — and wouldn't — make sense for both companies

Starbucks has reportedly explored buying Chipotle Mexican Grill , but investors are split on whether the megadeal would make sense for both companies. The coffee giant has been working with advisers on a takeover proposal of the fast-casual chain in recent months, the Financial Times reported on Thursday, citing people familiar with the matter. If Starbucks bought Chipotle, it would combine two of the largest U.S. restaurant chains. With about $31 billion in annual domestic sales, Starbucks is the second-biggest U.S. chain by sales. Chipotle sits in the number seven spot, with more than $11 billion in annual system-wide sales in its home market.

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