Naples-based Hoffmann wins auction to buy famed Oberweis Dairy

  • By Louis Llovio
  • | 4:05 p.m. May 29, 2024
  • | 0 Free Articles Remaining!
Oberweis Dairy has stores in the Chicago area.
Oberweis Dairy has stores in the Chicago area.
Courtesy image
  • Charlotte–Lee–Collier
  • Share

The Hoffmann Family of Cos., the Naples-based business conglomerate, has won an auction to purchase a suburban Chicago dairy company that filed for bankruptcy last month.

Hoffmann, in a statement released Wednesday afternoon, says its investment arm Osprey Capital was the winning bidder in an auction for Oberweis Dairy.

The terms of the deal were not released, and a bankruptcy judge still needs to approve the sale, the statement says.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • April 9, 2025
Nonprofit hospital giant grows 14%, surpasses $6 billion in revenue
  • April 9, 2025
Officials OK controversial roads proposal for large east Sarasota County project
  • April 9, 2025
Nearly 1,000 laid off as food service company loses USF contract

Sponsored Content