Private equity firm wins bankruptcy auction for Oberweis Dairy
NORTH AURORA — There’s a new milkman in Chicago.
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NORTH AURORA — There’s a new milkman in Chicago.
As Hoffmann Family of Companies sells off its properties, a local Defiance couple will soon launch a unique farm-to-table business in old Defiance General Store building
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.
The Hoffmanns made the highest bid for a dairy business in Illinois. The terms of the deal were not disclosed, and it still must be approved by the bankruptcy court.
Regulatory News: Hoffmann Green Cement Technologies , an industrial player committed to the decarbonation of the construction sector that designs and markets innovative clinker-free cements,...