In recent years, the number of people who are interested in healthy eating has increased. As a result, many restaurants have started to offer healthier options. One of these restaurants is Chipotle.
Chipotle is a Mexican-style restaurant that offers fresh and healthy food. Many people believe that Chipotle is owned by McDonald’s. However, this is not the case.
Chipotle is actually owned by an investment firm called Capital Group Companies.
There’s a lot of confusion out there about whether or not Chipotle is owned by McDonald’s. The answer is no, they are not currently owned by McDonald’s. However, McDonald’s did own a majority stake in Chipotle from 1998 to 2006.
During that time, McDonald’s helped Chipotle expand from 14 locations to over 500. In 2006, though, McDonald’s sold its shares in the company and has had no ownership stake since then.
Is Chipotle Still Part of Mcdonald’S?
Chipotle is no longer part of McDonald’s. The two companies parted ways in 2006, with Chipotle becoming an independent company. While McDonald’s was once a major shareholder in Chipotle, it no longer has any ownership stake in the popular burrito chain.
Was Chipotle Bought by Mcdonald’S?
In 1998, McDonald’s purchased a minority stake in Chipotle Mexican Grill, Inc. As of 2006, McDonald’s owned approximately 90% of Chipotle. However, in October 2006, McDonald’s announced that it would be divesting itself of its controlling interest in the company.
As of 2018, McDonald’s no longer owns any shares in Chipotle.
Who Currently Owns Chipotle?
Chipotle Mexican Grill, Inc. is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France. Founded in 1993 by Steve Ells, Chipotle had 16 restaurants (all in Colorado) when McDonald’s Corporation became a major investor in 1998. By 2001, the company had 32 restaurants; by 2005, it had grown to 500 locations.
As of December 31, 2018, Chipotle operated 2,491 restaurants worldwide. The majority shareholder of Chipotle is Monty Moran who owns 9% of the company through his investment vehicle HGGC LLC. Other major shareholders include Pershing Square Capital Management (8%), Bill Ackman (6%), Fidelity Investments (5%), Vanguard Group (5%) and BlackRock (4%).
Why Did Mcdonalds Give Up Chipotle?
In 2006, McDonald’s Corporation sold Chipotle Mexican Grill, Inc. to a group of investors led by Steve Ells for $1.5 billion. At the time of the sale, Chipotle had 505 locations across the United States. The fast-food giant first invested in Chipotle in 1998, when the burrito chain had only 16 locations.
So why did McDonald’s sell Chipotle? There are a few possible explanations: 1) McDonald’s wanted to focus on its core business.
In recent years, McDonald’s has been struggling to regain its footing as the leader in the fast-food industry. The company has been losing market share to rivals like Burger King and Wendy’s, and it has been facing pressure from activist investors to boost its profits. To turn things around, McDonald’s has been refocusing on its core business of burgers and fries.
In 2015, it sold off most of its stake in another one of its subsidiaries, Boston Market, so that it could focus even more on burgers and fries. 2) McDonald’s may have wanted to cash in on Chipotle’s success. By 2006,Chipotle was growing rapidly and was starting to become profitable.
It looked like a good time for McDonald’s to sell while the company was still doing well. And indeed, since being spun off from McDonald’s, Chipotle has continued to grow steadily; it nowhas over 2200 locations across the United States. 3) Another possibility is that McDonald’s may have wanted to avoid any potential conflict of interest between itself andChipotle.
AsChipotle started becoming more successful ,it started offering healthier options than what was typically available at fast-food restaurants . This put it in direct competition withMcDonald ‘s While there are rumors that this may have played a role inMcDonald ‘s decisionto sell ,the company has never confirmed this publicly . Whatever the reason for selling ,it seems clear thatMcDonald ‘s made a smart movein unloadingChipotle .
The burrito chain has continuedto be successful since being spun off ,and it shows no signs of slowing down anytime soon .
McDonalds Vs Chipotle
Who Owns Chipotle 2022
It’s no secret that Chipotle is one of the hottest restaurant chains around. The company has been growing by leaps and bounds in recent years, and there’s no sign of slowing down. So who owns Chipotle?
As of 2022, it looks like the majority shareholder will be none other than hedge fund manager Bill Ackman. Ackman’s Pershing Square Capital Management currently owns a 9.9% stake in Chipotle, and according to filings with the Securities and Exchange Commission, he plans on increasing his position to 10.4%. That would give Ackman a controlling interest in the company, assuming no one else buys up more shares.
And given Chipotle’s current trajectory, it’s not hard to imagine that happening. So what does this mean for the future of Chipotle? It’s impossible to say for sure, but with Ackman at the helm it seems likely that we’ll see even more growth from the chain in the years to come.
In short, no. Chipotle is not owned by McDonald’s.
The rumor that Chipotle is owned by McDonald’s has been circulating for years, but it is simply not true.
Chipotle was founded in 1993 by Steve Ells and currently has more than 2,000 locations worldwide. McDonald’s has never owned any part of Chipotle.