M&A Deal Summary

Starbucks Acquires Starbucks - Beijing

On November 29, 2006, Starbucks acquired restaurant Starbucks - Beijing from H&Q Asia Pacific

Acquisition Highlights
  • This is Starbucks’ 1st transaction in the Restaurants sector.
  • This is Starbucks’ 1st transaction in China.

M&A Deal Summary

Date 2006-11-29
Target Starbucks - Beijing
Sector Restaurants
Buyer(s) Starbucks
Sellers(s) H&Q Asia Pacific
Deal Type Add-on Acquisition

Target

Starbucks - Beijing

Beijing, China
Starbucks - Beijing is a consumer coffee brand. Starbucks - Beijing is based in Beijing, China.

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Buyer(S) 1

Buyer

Starbucks

Seattle, Washington, United States

Category Company
Founded 1971
Sector Beverages
Employees361,000
Revenue 36.2B USD (2024)
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 5 of 10
Sector: Restaurants M&A 1 of 2
Type: Add-on Acquisition M&A Deals 4 of 9
Country: China M&A 1 of 1
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-26 Ethos Water

Seattle,, Washington, United States

Ethos Water produces bottled spring water for children in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-19 The Coffee Equipment Company

Seattle, Washington, United States

The Coffee Equipment Company is a coffee equipment developer and manufacturer based in Seattle, Washington.

Buy -

Seller(S) 1

SELLER

H&Q Asia Pacific

Hong Kong, China

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1985
PE ASSETS 3.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

H and Q Asia Pacific (H&QAP) is a private equity firm focused on later-stage control investments and earlier-stage venture capital investments across the Pacific Rim. Areas of interest include technology, technology manufacturing, consumer brands, and financial services. The Group was originally formed in 1985 as a division of US investment bank Hambrecht & Quist and is now an independent organization. H&Q Asia Pacific has offices in Palo Alto, California; Hong Kong; Manila; Shanghai; Taipei; and Tokyo.


DEAL STATS #
Overall 8 of 26
Sector: Restaurants M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 6
Country: China M&A 1 of 3
Year: 2006 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-08 Yuchai Engineering Machinery

Guangxi, China

Yuchai Engineering Machinery is a manufacturer of construction and excavation machinery in China. Yuchai Engineering Machinery is based in Guangxi, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-26 Nan Ya Printed Circuit Board

Taipei, Taiwan

Nan Ya Printed Circuit Board is a manufacturer of traditional printed circuit boards and advanced IC substrates including flip-chip and wire bond. Nan Ya Printed Circuit Board was founded in 1997 and is headquartered in Taipei, Taiwan.

Sell -