# Who does Chipotle Mexican Grill pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/chipotle-mexican-grill · Facet: suppliers · Updated: 2026-09-12T00:00:24.983813+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Chipotle Mexican Grill's confirmed suppliers/cost counterparties include JPMorgan Chase plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 3 cost edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-09-12).

### Tractor Beverages (high)
- metric: Amount $52M · FY2025 · Purchases of products from Tractor Beverages
- note: Tractor Beverages supplies beverages sold in Chipotle restaurants. Chipotle purchased $51.953 million of product from the company in FY2025.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-04) https://www.sec.gov/Archives/edgar/data/1058090/000105809026000009/cmg-20251231.htm: "$51,953"

### Tractor Beverages (high)
- metric: Amount $15M · through FY2025 · Cumulative cash consideration invested in Tractor Beverages common stock
- note: Chipotle has invested cumulative cash consideration of $14.872 million in beverage supplier Tractor Beverages. It owned approximately 13.5% at year-end 2025 and held board representation.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-04) https://www.sec.gov/Archives/edgar/data/1058090/000105809026000009/cmg-20251231.htm: "approximately 13.5%"
- [mentions] Chipotle Investor Relations (EN, ir, published 2024-02-28) https://ir.chipotle.com/2024-02-28-CHIPOTLE-DOUBLES-ITS-COMMITMENT-TO-THE-CULTIVATE-NEXT-VENTURE-FUND-TO-100-MILLION,-MARKING-ITS-TWO-YEAR-ANNIVERSARY: "brings the fund's total investment pool to $100 million"

### Vebu (high)
- metric: Amount $6M · FY2025 · Purchases of restaurant-automation products and services from Vebu
- note: Vebu develops Autocado, an automated avocado-processing system for Chipotle. Chipotle purchased $5.561 million from Vebu in FY2025.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-04) https://www.sec.gov/Archives/edgar/data/1058090/000105809026000009/cmg-20251231.htm: "$5,561"
- [confirms] Restaurant Dive (EN, analysis, published 2024-07-26) https://www.restaurantdive.com/news/chipotles-autocado-digital-makeline-almost-ready-for-in-store-testing/722492/: "Vebu and Chipotle are testing an avocado processing robot"

### JPMorgan Chase (high)  → /jpmorgan-chase.md
- metric: Market share 0.115 percent_per_year · FY2025 · Annual commitment-fee rate applied to unused amounts under the $500 million revolving credit facility
- note: JPMorgan Chase is the administrative agent for Chipotle's $500 million revolving credit facility. There were no outstanding borrowings at year-end 2025, but unused commitments carry a 0.115% annual fee.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-04) https://www.sec.gov/Archives/edgar/data/1058090/000105809026000009/cmg-20251231.htm: "0.115% per year"

Reverse side: https://valuechain.wiki/chipotle-mexican-grill/customers.md · Ripple: https://valuechain.wiki/chipotle-mexican-grill/ripple.md

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