Does McDonald's Have a Sister Company?
McDonald's is one of the world's largest fast-food chains, operating in over 120 countries. However, it does not have a sister company in the traditional sense. Its parent company, McDonald's Corporation, owns and operates all of the McDonald's restaurants worldwide. However, McDonald's does have several subsidiaries and affiliates that are related to its core business.
Affiliates and Subsidiaries of McDonald's
- Chipotle Mexican Grill - acquired by McDonald's in 1998, Chipotle is a popular fast-casual Mexican restaurant chain.
- Dunkin' Brands - purchased by McDonald's in 2005, Dunkin' Brands owns and operates Dunkin' Donuts and Baskin-Robbins.
- Pret A Manger - acquired by McDonald's in 2021, Pret A Manger is a British sandwich and coffee chain.
- McCafe - McDonald's coffee and beverage brand, which operates within its restaurants and as standalone cafes.
Related Businesses
In addition to its subsidiaries and affiliates, McDonald's also has partnerships with various companies that complement its business operations. For example, it has a long-standing partnership with The Coca-Cola Company, which supplies beverages to its restaurants.
Frequently Asked Questions
- Is McDonald's publicly traded? Yes, McDonald's Corporation is traded on the New York Stock Exchange.
- What is McDonald's revenue? In 2021, McDonald's Corporation reported revenue of over $23 billion.
- Who is the CEO of McDonald's? Chris Kempczinski has been the CEO of McDonald's since March 2019.
- How many restaurants does McDonald's have? As of 2021, McDonald's operates over 39,000 restaurants worldwide.
- What is the most popular menu item at McDonald's? The Big Mac is reportedly the most popular menu item at McDonald's.
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