Chobani Founder Hamdi Ulukaya Acquires Anchor Brewing, Pledges Revival of San Francisco Icon

May 31, 2024, 04:01 PM

Hamdi Ulukaya, the billionaire founder of Chobani yogurt with a net worth of $2.4 billion, has acquired Anchor Brewing Company. The historic San Francisco brewery, which closed last July after 127 years in operation, will be modernized and reopened under Ulukaya's ownership. The acquisition prevents the brewery from being stripped for parts during the liquidation process. Ulukaya's plans include reviving the iconic brand and preserving its legacy in the city. The old label of Anchor Brewing will also be brought back.