Tall Tree Foods, a US holding company set up last year by private-equity firm Altamont Capital Partners, has added to its processed meat assets with the acquisition of Klement Sausage Co.
The deal, struck for an undisclosed sum, will see Klement Sausage Co. join two Texan firms – Blue Ribbon Bacon and Sausage and Richard’s Cajun Foods – Tall Tree acquired last year.
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Tim Bruer, operating partner at Altamont and CEO of Tall Tree, said the acquisition would bring “additional scale and geographic expansion” to the business, as well as “an attractive portfolio of high-quality products”.
He added: “Klement’s is a strong regional brand with the potential for growth in both its current markets and beyond.”
Ray Booth, the CEO of Klement Sausage Co., will continue to lead the business along with the management team based in Milwaukee. Klement’s plants and offices will remain in Milwaukee.
Altamont Capital Partners set up Tall Tree last July as a “specialty foods holding company”, according to the private-equity firm’s website.
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