Report
R.J. Hottovy
EUR 100.00 For Business Accounts Only

Starbucks/Nestle Partnership Unlocks CPG Growth Potential While Augmenting Shareholder Returns

We see Starbucks' partnership with Nestle as a positive for the company and shareholders. As part of the agreement, Nestle will obtain the rights to market, sell, and distribute the Starbucks, Teavana, VIA, and other brands, with Starbucks also expanding its presence on Nestle's at-home single-serve platform (Starbucks' ready-to-drink beverage partnerships will not be impacted). In return, Starbucks will receive $7.15 billion--15 times the acquired assets' pro forma EBITDA--and will remain the l...
Underlying
Starbucks Corporation

Starbucks is a roaster, marketer and retailer of coffee. The company's segments are: Americas, which is inclusive of the United States, Canada, and Latin America; International, which is inclusive of China, Japan, Asia Pacific, Europe, Middle East, and Africa; and Channel Development. The company's Americas and International segments include both company-operated and licensed stores. The company's Channel Development segment includes roasted whole bean and ground coffees, Seattle's Best Coffee?, Starbucks- and Teavana-branded single-serve products, a variety of ready-to-drink beverages, and other products sold worldwide outside of the company's company-operated and licensed stores.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
R.J. Hottovy

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch