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Chobani Taps Goldman Sachs, Bank of America for 2021 IPO

Chobani Taps Goldman Sachs, Bank of America for 2021 IPO

Food producer Chobani LLC is working with Goldman Sachs Group Inc. and Bank of America Corp. on an initial public offering, according to people familiar with the matter.

The Norwich, New York-based maker of Greek yogurt, oat milk and other products is set to go public in the second half of 2021, said the one of the people, who asked to not be identified because the matter isn’t public. No final decision has been made and the timing could still change, they said.

Representatives for Chobani, Goldman Sachs and Bank of America declined to comment.

Chobani could be worth up to $10 billion in an IPO, the Wall Street Journal reported in February.

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