M&A Deal Summary

Starbucks Acquires La Boulangerie de San Francisco

On June 4, 2012, Starbucks acquired food company La Boulangerie de San Francisco from NextWorld Evergreen for 100M USD

Acquisition Highlights
  • This is Starbucks’ 1st transaction in the Food sector.
  • This is Starbucks’ 3rd largest (disclosed) transaction.
  • This is Starbucks’ 7th transaction in the United States.
  • This is Starbucks’ 2nd transaction in California.

M&A Deal Summary

Date 2012-06-04
Target La Boulangerie de San Francisco
Sector Food
Buyer(s) Starbucks
Sellers(s) NextWorld Evergreen
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

La Boulangerie de San Francisco

San Francisco, California, United States
website
La Boulangerie de San Francisco is a producer of bread and the pastries to the sauces and the salad dressings using only the freshest all-natural ingredients. La Boulangerie de San Francisco was founded in 1995 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Starbucks

Seattle, Washington, United States

website


Category Company
Founded 1971
Sector Beverages
Employees349,000
Revenue 32.3B USD (2022)
DESCRIPTION
Starbucks' corporate headquarters in Seattle, Washington.
Starbucks' corporate headquarters in Seattle, Washington.

Starbucks is a roaster, marketer and retailer of specialty coffee. Starbucks purchases and roasts high-quality coffees that the Company sells, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, including snack offerings, through company-operated stores. Starbucks also sells a variety of coffee and tea products and licenses its trademarks through other channels such as licensed stores, grocery and foodservice accounts. In addition to its Starbucks Coffee brand, Starbucks sells goods and services under the following brands: Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange and Ethos. Starbucks was founded in 1971 and is based in Seattle, Washington.


DEAL STATS #
Overall 7 of 9
Sector (Food) 1 of 1
Type (Add-on Acquisition) 6 of 8
State (California) 2 of 3
Country (United States) 7 of 9
Year (2012) 1 of 2
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-10 Evolution Fresh

San Bernardino, California, United States

Evolution Fresh is a producer of premium, all-natural juices. Evolution uses a pasteurization process known as high-pressure processing (HPP) to ensure flavor, freshness, and nutrition. Evolution Fresh was founded in 1995 and is based in San Bernardino, California.

Buy $30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-05 Bay Bread

San Francisco, California, United States

La Boulange is a San Francisco French bakery chain. The Company opened its first location in 1999.

Buy $100M

Seller(S) 1

DESCRIPTION

NextWorld Evergreen is a private investment firm focused on long-term investments in growth-oriented companies in the personal care, food, and beverage sectors. The Firm will consider opportunities throughout the US with revenues between $10 and $100 million. NextWorld Evergreen generally pursues majority investments, however the Firm will consider selecting minority situations as well. NextWorld Evergreen was established in 2016 and is headquartered in San Francisco, California.


DEAL STATS #
Overall 1 of 5
Sector (Food) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (California) 1 of 2
Country (United States) 1 of 3
Year (2012) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 La Boulangerie de San Francisco

San Francisco, California, United States

La Boulangerie de San Francisco is a producer of bread and the pastries to the sauces and the salad dressings using only the freshest all-natural ingredients. La Boulangerie de San Francisco was founded in 1995 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Smith Teamaker

Portland, Oregon, United States

Smith Teamaker is a producer of herbal teas, that are propelled by convention yet continually pushing the limits of flavor innovativeness. Smith Teamaker was founded in 2009 and is based in Portland, Oregon.

Buy -