Chobani founder becomes majority owner of Philly's La Colombe

The founder of Greek yogurt maker Chobani is teaming up with Philadelphia-based coffee company La Colombe Torrefaction.

The owner of Chobani Hamdi Ulukaya has just become the majority owner of the popular coffee roaster.

The monetary terms of the deal have not been made public.

However, the CEO of La Colombe Todd Carmichael and co-founder JP Iberti will remain in their current roles.

Chobani just opened its own cafe in New York City which will serve an exclusive brew designed by the coffee maker.

La Colombe's flag ship location near Rittenhouse Square has been open since 1994.