date:Mar 15, 2016
ns, which included a large factory in Idaho.
On rejecting PepsiCo's offer, the company was cited by Reuters as saying that it's independence was a key asset to the company and the brand.
In the first five years of its inception, Chobani's sales grew to $1bn. In 2014, Hamdi Ulukaya received $750m from private equity firm TPG in exchange for preferred stock which helped ease the cash crunch.
Chobani is now able to self-fund expansion of its Flip yogurt brand and is also entering into the Mexica