Berkshire Hathaway Inc. (BRK.B), The Walt Disney Company (DIS), Starbucks Corporation (SBUX): 3 Companies Making Smart Acquisitions

The company acquired Evolution Fresh in November of 2011 for $30 million, La Boulange for $100 million in June 2012 and Teavana for $600 million in November of last year. With these deals, Starbucks Corporation (NASDAQ:SBUX) is growing into segments like juice, pastry and specialized tea, and this will provide more options and flexibility for its customers around the globe.

It´s still too early to make a definitive assessment about these acquisitions, but Starbucks Corporation (NASDAQ:SBUX) seems to be moving in the right direction by broadening its line of products, attracting a wider audience and increasing sales per square foot over time.

Bottom line

When searching for the best investment opportunities, corporate management needs to be evaluated from multiple points of view: managing the day to day operations of the business is crucial, but capital allocation should not be overlooked, especially when it comes to acquisitions. You eat what your food eats, and you buy what your investments buy.

The article 3 Companies Making Smart Acquisitions originally appeared on Fool.com and is written by Andrés Cardenal.

Andrés Cardenal owns shares of Berkshire Hathaway and Disney. The Motley Fool recommends Berkshire Hathaway, Starbucks, and Walt Disney (NYSE:DIS). The Motley Fool owns shares of Berkshire Hathaway, Starbucks, and Walt Disney. 

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