Chobani's Founder Becomes Sole Investor in La Colombe Coffee
Hamdi Ulukaya, founder and CEO of Greek yogurt brand Chobani, is now Philly cofee company La Colombe Coffee Roasters' sole investor.
La Colombe CEO and co-founder Todd Carmichael and co-founder JP Iberti will continue to lead the company in their current capacities, and Ulukaya will serve as an investor and the majority owner of the company with no board responsibilities.
According to The New York Times, La Colombe developed a coffee exclusivly for the Chobani SoHo Cafe.
"Amazing things happen over coffee, and meeting Todd and JP was one of them," said Ulukaya. "I believe in the quality of the product, the brand vision of La Colombe and the experience they've created in their cafes. I completely share Todd and JP's mission to increase the craft and quality of coffee in America while elevating the cafe experience to something truly special."
"Welcoming Hamdi to our team is a whole new level for us," said La Colombe CEO and co-founder Todd Carmichael. "I've spent over 20 years sourcing and crafting the perfect coffee and Hamdi shares our vision and craft to create a better coffee experience, with our products and our cafes, and continuing to create something totally different -- a brand and a product that uplifts."
La Colombe opened its first cafe on Rittenhouse Square in Philadelphia in 1994 and now owns and operates 12 locations across Philadelphia, New York, Chicago, and D.C., with dozens more in the pipeline. In addition to cafes, the company provides its signature classic blends and exceptional single-origin coffees direct-to-customer on its website and at national retailers through its wholesale channels.
La Colombe is also developing plans to improve every segment of the coffee industry with high-quality offerings, including groundbreaking ready to drink, single serve, retail, e-commerce, and packaged coffee.
Last month, Chobani underwent a major portfolio expansion.
La Colombe CEO and co-founder Todd Carmichael and co-founder JP Iberti will continue to lead the company in their current capacities, and Ulukaya will serve as an investor and the majority owner of the company with no board responsibilities.
According to The New York Times, La Colombe developed a coffee exclusivly for the Chobani SoHo Cafe.
"Amazing things happen over coffee, and meeting Todd and JP was one of them," said Ulukaya. "I believe in the quality of the product, the brand vision of La Colombe and the experience they've created in their cafes. I completely share Todd and JP's mission to increase the craft and quality of coffee in America while elevating the cafe experience to something truly special."
"Welcoming Hamdi to our team is a whole new level for us," said La Colombe CEO and co-founder Todd Carmichael. "I've spent over 20 years sourcing and crafting the perfect coffee and Hamdi shares our vision and craft to create a better coffee experience, with our products and our cafes, and continuing to create something totally different -- a brand and a product that uplifts."
La Colombe opened its first cafe on Rittenhouse Square in Philadelphia in 1994 and now owns and operates 12 locations across Philadelphia, New York, Chicago, and D.C., with dozens more in the pipeline. In addition to cafes, the company provides its signature classic blends and exceptional single-origin coffees direct-to-customer on its website and at national retailers through its wholesale channels.
La Colombe is also developing plans to improve every segment of the coffee industry with high-quality offerings, including groundbreaking ready to drink, single serve, retail, e-commerce, and packaged coffee.
Last month, Chobani underwent a major portfolio expansion.