Oberweis Dairy
Oberweis Dairy, headquartered in North Aurora, Illinois, is the parent company of several dairy-related and fast food restaurant operations in the midwest region of the United States. Its businesses include a home delivery service available in parts of Illinois, Indiana, Missouri, Michigan, and Wisconsin, which delivers traditional dairy products, including milk, ice cream, cheese, and yogurt, as well as bacon and seasonal products.
The businesses also include a chain of corporate-owned "Dairy and Ice Cream Stores", in the Chicago area, which sell many of the same products as the home delivery service, a distribution service which allows for some of their products to be available in regional supermarkets, and also includes a franchise service, which expanded the "Dairy and Ice Cream Stores" into Wisconsin, Indiana, Missouri, and Michigan after 2004.
In 2012, Oberweis also began a new franchise of high-end, fast food hamburger restaurants named "That Burger Joint".
History
In 1915, Peter J. Oberweis began selling his excess milk to his neighbors in Kane County, Illinois; the business became full-time in 1927. According to the Dairy's website, the family's farm was off of Molitor Road, in Aurora, Illinois. The family used a horse and milk float to deliver milk to their neighbors, beginning in 1927, after Peter J. Oberweis invested in half of the business of the Big Woods Dairy.During the Great Depression, Peter's son Joe dropped out of high school to help run the business. The business continued in the family, with Joe running the business through the 1950s.
Jim Oberweis purchased the company from his brother in 1986 and named his son, Joe, CEO in 2007. In October 2022, Oberweis Dairy ceased their longstanding practice of purchasing from a select group of family farm patrons and instead began purchasing it from open-market cooperatives.
In April 2024, Oberweis Dairy filed for Chapter 11 bankruptcy. In May, the Hoffmann Family of Companies, a private equity firm based in Winnetka, Illinois, won a bid to purchase Oberweis Dairy out of bankruptcy. The new owners have plans to keep the company in operation as well as potentially expanding the brand.
In June 2024, Osprey Capital LLC, the investment arm of the Hoffmann Family of Companies, officially acquired Oberweis Dairy.