Klement’s Sausage Co. sold

Klement’s Sausage Co. was sold to Tall Tree Foods Holding, Inc., a portfolio company of Altamont Capital partners, a private investment firm based in San Francisco. Klement’s, which employs about 500, has called Milwaukee home since 1956, when George, John, and Ron Klement founded the sausage, deli meats, and snack sticks company. Its two Milwaukee production plants and office will remain in operation, according to reports, and will fit in well with Tall Tree’s previous acquisitions: Blue Ribbon Bacon and Sausage in Texas and Richard’s Cajun Foods in Louisiana.