Restaurants & Bars

Great Lakes Milwaukee Sausage In the News

MKE - Klement's Sausage Co. Sold to California Private Equity Firm

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Restaurants & Bars Great Lakes Milwaukee Sausage In the News

MKE - Klement's Sausage Co. Sold to California Private Equity Firm

Fowler | | May 5, 2014 06:46 PM

Quite frankly I am more of a Usinger fan than a Klement's fan but I have had some excellent sausages from Klement's over the years and especially the ones they did not sell in grocery stores but only out of their own South Side Milwaukee outlet store.

A sad sign of the times when a brand considered a local, smaller company producer would sell out to a large private equity firm in California. The buyer claims they will not change a thing. In all my years of business experience, I have never come across a scenario where a private equity firm purchases a business and does not change anything. One of the main reasons why they purchase a business is so they can change things to cut costs, make the business more profitable for them and usually the customers suffer with an inferior product.

http://www.bizjournals.com/milwaukee/...

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