Geoff Hoffmann News Today

A new owner bought Oberweis Dairy out of bankruptcy and is looking to invest in the dairy company.

A Chicago bankruptcy judge approved the sale Wednesday of the century-old Oberweis Dairy to a Winnetka-based private equity firm, which plans to expand production and retail locations while preserving the venerable brand name. There may even be a few new product offerings in the pipeline, but the premium ice cream and milk will remain the same. “We’re not going to change our positioning. We’re ...

The Hoffmann Family of Companies announced Wednesday it is the prevailing bidder after today’s auction to acquire the Oberweis Dairy company based.

NORTH AURORA — There’s a new milkman in Chicago.

Hoffmann Family of Companies said it plans to keep the dairy company's North Aurora plant open as well as its ice cream shops.

The undisclosed offer from the Hoffmann Family of Companies through its investment arm, Osprey Capital, bested Brian Boomsma, owner of Chicago-based Dutch Farms, who made a $20 million stalking horse bid in April for Oberweis.

There are now two competing bidders to buy Oberweis Dairy after the Illinois company filed for bankruptcy earlier this month.

There are now two competing bidders to buy Oberweis Dairy after the Illinois company filed for bankruptcy earlier this month.

Brian Boomsma of Dutch Farms in Pullman and Hoffmann Family of Cos. in Winnetka made two separate offers to buy Oberweis Dairy.

Oberweis Dairy, which filed for Chapter 11 bankruptcy protection earlier this month, announced Tuesday that it has found a buyer for its century-old family business.