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Saturday, April 5, 2014

Chobani Founder's Ex-Wife Accuses Him Of Stealing Rival's Yogurt Recipe

The founder and CEO of Chobani has been accused by his ex-wife of stealing the recipe for rival Greek yogurt brand Fage, the Huffington Post is reporting

Chobani's Hamdi Ulukaya allegedly bragged about how he "traveled to Europe and bribed this employee with 30,000 Euros," according to a court filing obtained by Huffington.

Ulukaya's former wife, Ayse Giray, made the claims as part of a lawsuit alleging that Ulukaya has cheated her out of her share of the company. 

Ulukaya's legal team counters that his ex-wife is lying.

"Because [Giray] cannot win on the merits of her claims, she has fabricated any number of fantastical and completely baseless allegations," Ulukaya’s legal team countered, according to The New York Daily News

The couple divorced in 1999 and she filed suit over company shares in 2012. 

Chobani was founded in 2005 and now commands 39% of the Greek yogurt market compared, to Fage's 8.5%, according to Bloomberg Businessweek.

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