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Chobani yogurt founder buys Anchor Brewing Co.

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FILE - A pack of Anchor Brewing Co. steam beer is photographed at a store in San Francisco, Wednesday, July 12, 2023. Craft beer pioneer Anchor Brewing Co. has been purchased by Chobani yogurt founder and billionaire Hamdi Ulukaya. The billionaire said in a news announcement Friday, May 31, 2024, that he is excited to be part of the company's rebirth in San Francisco. (AP Photo/Jeff Chiu,File)

Beer lovers mourned when the brewing company, established in San Francisco in 1896, announced its closure last year amid declining sales and increased competition from canned cocktails, crafted drinks, spirits and wines.


Originally published at The Associated Press

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