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A bankruptcy judge approved the sale of the century-old Oberweis Dairy to a Winnetka-based private equity firm, which plans to expand production and retail locations while preserving the brand name.
A bankruptcy judge approved the sale of the century-old Oberweis Dairy to a Winnetka-based private equity firm, which plans to expand production and retail locations while preserving the brand name.
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 ...
NORTH AURORA — There’s a new milkman in Chicago.