Hoffmann Family of Companies announced its acquisition of Cedar Crest Ice Cream.
Led for more than 50 years by the Kohlwey brothers—Ken, Robert, Bill, and Tim—the business will remain in family stewardship through the Hoffmann family bringing together two heritage brands with longstanding reputations for quality.
“It’s not lost on me that Cedar Crest is a 50-year-old brand and Oberweis is approaching its 100th anniversary serving Midwest communities and families,” said DePaolis in a press release. “Together, we represent more than 150 years of rich ice cream history, which is a legacy that is both meaningful and worth celebrating as we look to the future.”
“We’re incredibly proud of what we’ve built,” said Ken Kohlwey. “My brothers and I wouldn’t hand over the reins to just anyone. When we saw what the Hoffmann family has accomplished with Oberweis in such a short time, we knew we could trust them to continue to grow our beloved business as we enter the sweetest chapter in our lives: Retirement.”
Founded in 1976 and headquartered in Cedarburg, Cedar Crest is deeply rooted in a generational dairy tradition that began with the Kohlwey family’s parents. Its manufacturing plant and the Cedar Crest Ice Cream Parlor—both located in Manitowoc, Wisconsin—have become landmark destinations for locals and visitors alike.
Hoffmann Family of Companies is a family-owned private equity firm consisting of more than 200 brands, located in 30 countries and 400 locations around the world.
Photo from Cedar Crest Ice Cream.
