Food In Canada

Chobani acquires La Colombe

By Food in Canada Staff   

Business Operations Beverages Dairy Chobani Editor pick La Colombe

Chobani acquires La Colombe for $900 million. It financed the acquisition through the combination of a newly issued $550 million term loan, cash on hand and the exchange of Keurig Dr Pepper’s (KDP) minority equity stake in La Colombe into Chobani equity.

La Colombe, a ready-to-drink coffee company, currently serves consumers across multiple channels, including retail, cafes, foodservice, and direct-to-consumer.

“At a time where the industry has faced challenges to grow sales, Chobani has delivered double-digit, volume-led sales growth, and considerable margin expansion. We have never been stronger or better positioned to chart our next chapter of growth,” said Chobani founder and CEO Hamdi Ulukaya. “We’ve already made an investment in the coffee category with our creamers and are excited about bringing La Colombe into the Chobani family.”

As part of Chobani, La Colombe will continue to operate as an independent brand. This approach allows for collaboration and knowledge sharing between the two companies while preserving the La Colombe’s brand identity.


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