M&A Deal Summary

Starbucks Acquires Bay Bread

On June 5, 2012, Starbucks acquired restaurant Bay Bread for 100M USD

Acquisition Highlights
  • This is Starbucks’ 1st transaction in the Restaurants sector.
  • This is Starbucks’ 3rd largest (disclosed) transaction.
  • This is Starbucks’ 8th transaction in the United States.
  • This is Starbucks’ 3rd transaction in California.

M&A Deal Summary

Date 2012-06-05
Target Bay Bread
Sector Restaurants
Buyer(s) Starbucks
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

Bay Bread

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

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Buyer(S) 1

Buyer

Starbucks

Seattle, Washington, United States

Category Company
Founded 1971
Sector Beverages
Employees381,000
Revenue 36.0B USD (2023)
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 food service accounts. Starbucks was founded in 1971 and is based in Seattle, Washington.


DEAL STATS #
Overall 8 of 9
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 7 of 8
State (California) 3 of 3
Country (United States) 8 of 9
Year (2012) 2 of 2
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-04 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 $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-23 Teavana

Atlanta, Georgia, United States

Teavana is a specialty retailer offering a broad selection of specialty and flavored loose-leaf teas and tea-related merchandise through its mall-based stores.

Buy $620M