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Chobani acquires Daily Harvest for food expansion

May 19, 20257 months ago

Acquiring Company

Chobani

Acquired Company

Daily Harvest

New BerlinNew YorkFood And BeverageManufacturingFood And Beverage

Description

Chobani has officially acquired organic food retailer Daily Harvest. This acquisition aims to enhance Chobani's product offerings in the health food segment. Daily Harvest's focus on convenient and wholesome meals aligns with Chobani's commitment to healthy living. The merger is expected to create synergies between both brands.

Company Information

Company

Chobani

Location

New Berlin, New York, United States

About

Chobani is a next-generation food and beverage company on a mission to make nutritious food accessible to all. Since 2005, we have made food from natural ingredients, that tastes delicious and nourishes people. We’re proud to be America’s No. 1 yogurt brand – making yogurt without compromise – with all natural ingredients and no preservatives. Over the last 19 years we’ve continued to disrupt the dairy industry, adding oatmilk and creamers to our portfolio alongside yogurt. In 2023, La Colombe – a leading coffee roaster with a shared commitment to quality, craftsmanship and impact – became part of the Chobani family, adding coffee to our lineup and new opportunities to innovate.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed