On the Record · Starbucks
Starbucks acquisitions, on the record
The businesses Starbucks bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Evolution Fresh brand and businessWord for word“In the fourth quarter of fiscal 2022, we sold our Evolution Fresh brand and business to Bolthouse Farms.” 10-K for 2022 | divestiture | In the fourth quarter of fiscal 2022 | — |
Seattle's Best Coffee brandWord for word“On January 13, 2023, we sold the assets, primarily consisting of intellectual properties associated with the Seattle's Best Coffee brand, to Nestlé for $ 110.0 million.” 10-K for 2023 | divestiture | On January 13, 2023 | $ 110.0 million |
23.5 DegreesWord for word“On October 14, 2024, we acquired 23.5 Degrees, a U.K. licensed business partner, to expand our portfolio of company-operated stores and enhance the coffeehouse experience for customers.” 10-K for 2024 | acquisition | On October 14, 2024 | — |
23.5 Degrees Topco LimitedWord for word“On October 14, 2024, we acquired a 100% ownership interest in 23.5 Degrees Topco Limited, a U.K. licensed business partner, to expand our portfolio of company-operated stores and enhance the coffeehouse experience for customers.” 10-K for 2025 | acquisition | On October 14, 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-10-02 | $0 |
| 2017-10-01 | $0 |
| 2018-09-30 | $1.31 billion |
| 2019-09-29 | $0 |
| 2020-09-27 | $0 |
| 2023-10-01 | $0 |
| 2024-09-29 | $0 |
| 2025-09-28 | $177.1 million |
Deal filings since 2016
- 2025-06-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-28 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-05-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-01-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-10-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-07-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Starbucks’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-11-14. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.