Is Chipotle really owned by McDonald's?

Is Chipotle really owned by McDonald's?

McDonald's supplied capital and industry know-how, and by 2005 had acquired more than 90% of Chipotle, helping grow it into a national chain with 500 locations. In 2006, Chipotle went public and McDonald's sold its stake in the chain, which flourished out from under the Golden Arches.

Who owns Chipotle restaurant?

McDonald's currently owns 92 percent of the Colorado company. The rest of Chipotle is owned by 43 other investors, including founder and CEO Steve Ells. Ells launched Chipotle in 1993.

Who owns Chipotle Mexican Grill?

Here are the four largest individual shareholders of Chipotle Mexican Grill. Steve Ells is the founder and former CEO of Chipotle Mexican Grill. After launching the burrito shop in 1993 with money borrowed from friends and family, Ells was appointed as Chairman in 2005 and has served as a director since 1996.

How many locations does Chipotle have?

Chipotle opened its first restaurant in 1993 with the idea that food can be fast without the typical fast food experience by using fresh, raw foodstuffs, and basic cooking procedures. Chipotle currently has over 1500 locations all over the United States (plus a few locations in Canada, France, Germany,...