Reported 6 months ago
Yogurt billionaire Hamdi Ulukaya has acquired the San Francisco-based Anchor Brewing, known for its Anchor Steam lager, after the brewery ceased operations due to declining sales. Ulukaya, the founder of Chobani, acquired the 127-year-old brewery and its facility as a bet on the company and the city's revitalization. This acquisition marks Ulukaya's expansion beyond dairy products, following previous investments in La Colombe coffee roaster. Chobani also purchased La Colombe last year, demonstrating Ulukaya's growing business ventures.
Source: YAHOO