Monday, September 10, 2007

Hoffmaster Acquired by Private Equity Firm

Well, this should be fun:

An affiliate of Kohlberg & Co. Inc., a private equity firm with offices in New York and California, has signed a definitive agreement to acquire the Hoffmaster business in Oshkosh from Solo Cup Co. for about $170 million.

Let me just reserve the right to say "I told you so" at a future date. This may become evident in the weeks to come.

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