Tag: m&a

Chains

Coke’s $5.1 Billion Costa Coffee Purchase Continues Cafe Consolidation Wave

2 years ago

This gives Coke a cafe brand with a global footprint to play with. Now if we can just avoid coffee shop overload ...

Chains

Yum China Rejected a Very Generous Buyout Deal

2 years ago

A 28% premium to last close is nothing to scoff at and reject out of hand. Management must have a lot of confidence or hubris that they will get back there.

Chains

China Sovereign Fund Pushes $13 Billion Yum China Takeover

2 years ago

Yum China has less than a fourth of the number of restaurants as its U.S. sibling, but it's market cap is more than half of it, which points to the optimism for its growth in a market that, unlike the U.S., is not completely oversaturated.

Chains

Panera Owner Buys Pret A Manger for a Reported $2 Billion

2 years ago

The UK's sandwich-mad dining culture hasn't really caught on in the U.S., with the exception of the Prets on every other corner of major cities in the northeast. This acquisition could change that.

Tech

PayPal Just Dropped $2.2 Billion to Compete With Square in Restaurants and Cafes

2 years ago

Square may have some challenges, but it has a diversity of products, consumer-friendly features, and adoption at multiple price points in restaurants. Rivals need to find a good story to tell.

Tech

Hotel Giant Accor Buys Reservations Platform ResDiary

2 years ago

Accor's acquisition strategy might seem scattershot to some but buying up technology providers in key sectors does make sense. There's always an element of risk but you'd hope Accor knows how to get the best out of management teams.

Food

Aspirational Coffee Brand La Colombe Looks for Investment to Value It at $1 Billion

2 years ago

Some of us here have been drinking La Colombe at its own cafes and other restaurants since the mid-1990s, so we're biased. But beyond that loyalty, it does mean something when a food brand has been delivering a quality product to both consumers and to restaurants for over a decade.

Operations

Fogo de Chao Sold to Private Equity Firm for $560 Million

2 years ago

Fogo has the concept necessary to be a global restaurant brand, as long as its new PE owners don't underinvest in its expansion.

Chains

Warren Buffett’s Bet on Burger King Pays off to the Tune of $3 Billion

3 years ago

This was never a sexy investment, which is why it is likely paying off so well for Buffett — as things usually do.

Chains

Qdoba’s Performance Isn’t Encouraging for Potential Buyers

3 years ago

Qdoba failed to take advantage of Chipotle's missteps over the last 18 months, a huge lost opportunity that's just passed it by.

Chains

Arby’s Owner to Buy Buffalo Wild Wings for $2.4 Billion

3 years ago

Sure we're over-restauranted among the chains, but Roark clearly sees an opportunity when well-liked chains see a significant market dip.

Chains

Bloomin’ Brands May Just Be the Next of Many M&A Restaurant Deals

3 years ago

Sell them off, split them up, and move them around, sure, but it won't solve many of the underlying problems that Bloomin' and its competitors and contemporaries are having: Customers just aren't as interested in what they have to sell these days.