Wintrust Business Minute: Oberweis Dairy could have a new owner soon

Wintrust Business Lunch

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

Oberweis Dairy could soon have a new owner. A private equity firm based in Winnetka won the bidding for the assets of Oberweis. The dairy declared bankruptcy in April. The Hoffman Family of Companies is behind the winning bid via its investment arm, Osprey Capital. The bankruptcy court must give final approval. The investment firm owns more than 100 brands in 30 countries, with a portfolio that includes wineries, charter cruise ships and a minor league hockey team.

Also, Walgreens is lowering prices on more than 1,300 items for what it’s calling a “Summer of Savings” promotion. Listen for more below:

https://serve.castfire.com/audio/4871638/4871638_2024-05-30-213038.64kmono.mp3

Recent Posts

Wintrust Business Lunch

Steady market, EV innovation, business sustainability

.cls-7{fill:#fff;fill-rule:evenodd}

DeVry University announces partnership with 1871

.cls-4{fill:#000;}

Hotel occupancy, heat wave economy, Prime Day

.cls-7{fill:#fff;fill-rule:evenodd}

Walgreens stock drops after cut to profit forecast

.cls-4{fill:#000;}

Homebuying rules, student loans, Overflow Coffee

.cls-7{fill:#fff;fill-rule:evenodd}

Click for more