06/04/2024

Chobani Founder Acquires America's Oldest Craft Brewery

Hamdi Ulukaya purchases Anchor Brewing Company

Chobani founder Hamdi Ulukaya is hoping to breathe new life into legacy beer brand Anchor Brewing Company. 

On Friday, the billionaire and founder of the New Berlin, New York-based yogurt brand Chobani, announced that he acquired the San Francisco-based beer company for an undisclosed sum under his family office, Shepherd Futures. It is a personal acquisition unrelated to Chobani.

Anchor Brewing Company is his second acquisition. Ulukaya made his first acquisition in 2015 when he bought out a private equity firm's stake in Philadelphia-based coffee company La Colombe for $60 million; in December 2023, Chobani bought out Ulukaya's personal stake and took over the company.

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