Amylu Foods snaps up fellow US sausage maker Klement's [Yahoo! Finance]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Yahoo! Finance
Chicago's Amylu, which specialises in chicken sausages, has bought Milwaukee-based Klement's from Altamont Capital Partners for an undisclosed sum. Around 300 Klement's employees will be taken on by Amylu, along with its manufacturing facility and brands. The deal sees it expanding its sausage offering into other protein areas. Founded in 1956, Klement's focuses on small-batch production. Its products, including snack sticks, summer sausages and smoked sausage, are distributed nationally via major supermarket chains such as Walmart, Kroger and Meijer. It was acquired by investment firm Altamont in 2014 and sat within its Tall Tree Foods portfolio. Amylu Foods was founded in 1992 by Amylu Kurzawski, a third-generation sausage maker who saw an opportunity to create better-for-you chicken sausages containing no antibiotics, nitrates or nitrites. Its product range now is made up of close to 50 different flavours of sausages, meatballs and burgers. Amylu said the acquisition
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News
- The Kroger Co. (NYSE: KR) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
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- Here's Why Kroger (KR) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 5/16/24 - Form PX14A6G
- 5/15/24 - Form ARS
- 5/15/24 - Form DEF
- KR's page on the SEC website