Anchor Brewing Company to be bought by Chobani CEO Hamdi Ulukaya who plans to revive iconic brand

Ten months after San Francisco's iconic Anchor Brewing Company announced it was ceasing operations after 127 years and would liquidate its assets, a new buyer has come forward to revive the brand.Hamdi Ulukaya, the billionaire founder of Chobani yogurt, announced Friday he was acquiring Anchor and all of its assets, including the brewery, other real estate, and intellectual property such as Anchor's steam beer recipes.

'San Francisco is at the heart of Anchor Brewing, and Anchor embodies so much of what makes this city great,' said Ulukaya in a prepared statement. 'I am humbled and excited to be part of this city and its rich community of people, who have a spirit that is special and unique. I have learned so much about Anchor and its role in San Francisco's journey, and I look forward to doing whatever I can to support this amazing story of revitalization.

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