Manitowoc’s Cedar Crest Ice Cream sold to Illinois private equity firm

CEDARBURG, Wis. (WBAY) – A family-owned private equity firm in Illinois is buying Cedar Crest Ice Cream, a company well-known in Northeast Wisconsin.

Hoffmann Family of Companies announced it’s acquiring Cedar Crest’s broad portfolio of frozen desserts, including more than 80 ice cream flavors, custards, sherbets and sorbets.

HF Companies holds more than 200 brands. It employs more than 27,000 people in 30 countries, including the 100-year-old Oberweis Dairy headquartered in North Aurora, Illinois…

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