Oberweis sale gets bankruptcy court approval
The Hoffman Family of Companies bested rival bidder Chicago-based Dutch Farms with a $21.25 million offer for the assets of Oberweis at a bankruptcy auction last week.
Stay updated with breaking news from David Hoffmann. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Hoffman Family of Companies bested rival bidder Chicago-based Dutch Farms with a $21.25 million offer for the assets of Oberweis at a bankruptcy auction last week.
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 ...
Hoffmann Green Cement Technologies, a leading French producer of low carbon cement, has announced the groundbreaking of its first unit - H-KSA 1 - at Rabigh, Saudi Arabia. This comes following a licensing agreement with Saudi-based Shurfah Group.
Hoffmann Green Cement Technologies, a leading French producer of low carbon cement, has announced the groundbreaking of its first unit - H-KSA 1 - at Rabigh, Saudi Arabia. This comes following a licensing agreement with Saudi-based Shurfah Group.
The Hoffmann Family of Companies announced Wednesday it is the prevailing bidder after today’s auction to acquire the Oberweis Dairy company based.