Chobani has been approached by parties eyeing a possible investment in the US-based yoghurt maker and has appointed advisors to mull over the interest, just-food understands.
Reports in the US have suggested Chobani is looking at selling a minority stake in the business.
According to a report carried by Bloomberg, citing people familiar with the situation, Chobani is looking for an investment from a company that could help increase distribution and production as it aims to meet growing demand for its products. Reports suggest Goldman Sachs has been appointed to explore the sale of the stake.
Any deal may involve a buyout of a stake held in Chobani by private-equity firm TPG Capital. TPG invested US$750m in Chobani last year, although the size of any stake secured in the company.
A spokesperson for Chobani refused to comment when approached by just-food.TPG declined to comment.
Goldman Sachs could not be reached for comment at the time of publication.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData