Wisconsin business acquires paper straw manufacturer
12:32 PM, Aug 8, 2018
Hoffmaster Group, an Oshkosh-based company, announced it has acquired Aardvark Straws, the only producer of paper straws in the U.S. The deal between Aardvark and Hoffmaster closed on Monday.
Hoffmaster is a leading U.S. manufacturer of disposable tableware. In a joint statement, the companies say the acquisition is taking place in order to meet the increasing demand for paper straws, which is linked to the rise of plastic straw bans.