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In February 1979, the company was acquired by an Oshkosh group of investors headed by T. J. Hoffmaster, son of the founder.
Scott Paper Company in Philadelphia, PA purchased the company in 1985.
In March 1995, The Fonda Group, Inc. purchased the Foodservice Division of Scott.
In February 2004, Hoffmaster was acquired by Solo Cup Company, headquartered in Highland Park, IL. Solo is the nation’s largest manufacturer of single-use foodservice cups, bowls, plates, cutlery and related items made from plastic, foam and paper.
In September 2008, Hoffmaster Group, Inc.® acquired Brooklace, Inc. and Smith-Lee Co., Inc., both privately held companies with common ownership.
Solo celebrated its 75th anniversary in 2011.
On May 4, 2012 Solo Cup Company was acquired by Dart Container Corporation and is now a part of the Dart Container organization.
In November 2016, Metalmark Capital reached an agreement to sell Hoffmaster Group, Inc.®, to Wellspring Capital Management a top performer in middle markets.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Advance Paper Box Co. | 1922 | $80.9M | 200 | - |
| Craft Brew Alliance | 1981 | $193.0M | 655 | - |
| Ouidad | 1979 | $15.0M | 62 | - |
| Specialty Products | 1974 | $200,000 | 20 | - |
| The Eastern Company | 1858 | $246.5M | 1,327 | 13 |
| Crdn | - | $870,000 | 35 | 4 |
| Sterling Inc | 1916 | $280.0M | 805 | 17 |
| Applied Marketing Services Inc | - | $680,000 | 7 | - |
| Gintzler International | 1916 | $15.0M | 175 | - |
| Mud Pie | 1988 | $690,000 | 50 | 5 |
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