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Chobani is an American food company specializing in strained yogurt.The company was founded in 2005 by Hamdi Ulukaya, [2] [3] a Kurdish businessman. [4] [5] [6] Chobani sells thick, Greek yogurt with a higher protein content than traditional yogurt and is one of the main companies to popularize this style of yogurt in the US. [7]
Yogurt maker Chobani is withdrawing its plans for an initial public offering in the United States after having delayed its listing plans earlier this year, marking the first high-profile casualty ...
He founded Chobani in 2005 after moving to the U.S., looking to recreate the wholesome Greek yogurt from his childhood, according to the Chobani website. The company has expanded beyond yogurt to ...
In December 2012 the company opened the world's largest yogurt factory in Twin Falls, Idaho, a $450 million investment. [36] In 2012 Chobani had more than $1 billion in annual sales, [37] [38] and in 2012 it became the world's leading yogurt brand. [12] By 2017, Chobani reached a US market share of Greek yogurt of over 50%. [39]
Following its closure, the plant was bought by the company Agro Farma under Turkish entrepreneur Hamdi Ulukaya. In 2007, it launched the Chobani brand of Greek yogurt . Thanks to the surge in popularity of Greek yogurt, as of 2011, the company employs 600 workers at its South Edmeston headquarters and production facility, and continues to expand.
(Reuters) -Yogurt maker Chobani is withdrawing its plans for an initial public offering in the United States after having delayed its listing plans earlier this year, marking the first high ...