Tall Tree Foods, a portfolio company of Altamont Capital Partners, has announced the acquisition of Klement Sausage Co. Inc., a manufacturer of premium sausage based in Milwaukee, Wis.
Klement’s, founded in 1956 by three brothers, has a portfolio of smoked, fresh, and summer sausage, snack sticks, and deli meats. 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. Tall Tree will build upon the longstanding heritage and brand equity that the Klement family has created over generations.
“We are excited to expand on Klement’s successful history. Klement’s is a strong regional brand with the potential for growth in both its current markets and beyond,” said Bruer.
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.