Tall Tree Foods, a portfolio company of Altamont Capital Partners, today announced the acquisition of The January Company, a leading manufacturer of Chinese-style meat products based in Kent, Washington.
The January Company, founded in 1948, has been owned and operated by the company’s current president and CEO, Jim Ding, for over four decades. The company is renowned for its high quality, authentic and great-tasting Chinese-style sausage and BBQ pork products sold throughout the United States under the Kam Yen Jan and Yangtze brands. The Company 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 Foods, Tim Bruer. January brings an attractive portfolio of high quality products to Tall Tree Foods, as well as additional diversity and geographic expansion. Tall Tree Foods will build upon the longstanding heritage and brand equity that Mr. Ding and his team have consistently provided its customers since inception.
Commenting on the acquisition, Mr. Bruer said: “We are excited to add The January Company to the Tall Tree Foods portfolio – its authentic products and strong brand equity are an excellent foundation that we will continue to build upon. The Company is well positioned to capitalize on the substantial growth opportunities in both its current markets and beyond.”
Mr. Ding will continue to lead the business through a transition period along with the current management team based in Kent. The Company’s plant and office will remain in Kent.
Mr. Ding commented: “We are pleased to have the future of The January Company in the hands of new ownership with Altamont Capital Partners and Tall Tree Foods. I want to thank the many employees and family members who have worked so hard to get the business to where it is today. We look forward to the future growth of the brand.”
Source: Tall Tree Foods
Cécile Béliot has assumed the role of Bel Group chief executive officer, following the decision to separate the roles of chairman and CEO. The separation of the functions will enable Bel Group to develop in three areas of healthy snacking. Meanwhile, the company’s former CEO, Antoine Fiévet, has had his mandate renewed as chairman of the board.
US Food and Drug Administration (FDA) Commissioner Dr. Robert Califf was grilled by lawmakers during a House Appropriations subcommittee hearing, where he was slammed over the agency’s handling of the escalating infant formula shortage.
Sweegen is ramping up its efforts to reduce sugar across F&B applications while simultaneously tapping into the benefits of using antioxidants and bitter blocking technology. Speaking to FoodIngredientsFirst, Casey McCormick, vice president of global innovation at Sweegen, says product developers can find a broad range of solutions in Sweegen’s nature-based sweetener systems as brands elevate better-for-you foods.