Chobani yogurt billionaire buys San Francisco's 127-year-old Anchor Brewing Co.

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Craft beer pioneer Anchor Brewing Co. — maker of its famous Anchor Steam and Christmas Ale beer —has been purchased by Chobani yogurt founder and billionaire Hamdi Ulukaya. Craft beer pioneer Anchor Brewing Co., maker of its famous Anchor Steam and Christmas Ale beers, has been purchased by Chobani yogurt founder and billionaire Hamdi Ulukaya. Ulukaya said in a statement issued Friday that Anchor embodies much of what makes San Francisco so great and he's excited to be part of the company's rebirth. 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.