Shepherd Futures, the family office of Chobani CEO and founder, Hamdi Ulukaya, announced its acquisition of the assets of Anchor Brewing Co. for an undisclosed amount. The deal encompasses all assets of Anchor and marks a new beginning for the company, continuing its 128-year legacy.

“What an exciting time for San Francisco and Anchor Brewing,” Ulukaya said in a statement. “Both are experiencing the magic of rebirth. I have fallen in love with this city, its history, grit and charm. I believe brands born in places like this are incredibly special and must be treasured, respected and loved.

“San Francisco is at the heart of Anchor Brewing, and Anchor embodies so much of what makes this city great,” Ulukaya continued. “I am humbled and excited to be part of this city and its rich community of people, who have a spirit that is special and unique. I have learned so much about Anchor and its role in San Francisco’s journey, and I look forward to doing whatever I can to support this amazing story of revitalization.”

With a history dating back to the California Gold Rush in 1896, Anchor is best known for its Anchor Steam Beer and its renowned brewery and Public Taps taproom, Anchor’s operations in San Francisco’s Potrero Hill neighborhood closed last year.

Ulukaya intends to bring back the iconic brand that so many in San Francisco and around the world have loved for so long, the company says.