Houston-based Tall Tree Foods today announced the acquisition of Milwaukee-based Klement Sausage Co. Inc.
Ray Booth, the current CEO of Klement’s, will continue to lead the business along with the current management team based in Milwaukee. The Klement’s plants and offices will remain in Milwaukee.
Tall Tree Foods is a portfolio company of Palo Alto, Calif.-based Altamont Capital Partners. In 2013, Tall Tree Foods acquired the Blue Ribbon Bacon and Sausage business in Southeast Texas, and Richard’s Cajun Foods, a leading manufacturer of authentic sausage and ready-to-eat meals sold in Louisiana, Texas and other southeastern states.
Klement’s will add to the basis of Tall Tree Foods Holdings Inc., a holding company led by Altamont’s operating partner and CEO of Tall Tree, Tim Bruer. The combination will bring additional scale and geographic expansion for Tall Tree as well as adding an attractive portfolio of high quality products, the company said.
“We are excited to expand on Klement’s successful history,” Bruer said. “Klement’s is a strong regional brand with the potential for growth in both its current markets and beyond.”
“We are pleased to have the future of the Klement’s brand in the hands of new ownership with Altamont Capital and Tall Tree Foods,” said John Klement, former chairman and CEO of Klement’s. “I want to thank the many employees and other family members who have worked so hard to get the business to where it is today. We look forward to the future growth of the brand.”
