Monogram Foods, a manufacturer and marketer of beef jerky, corn dogs, pre-cooked bacon, and other value-added meat products, has announced that is acquiring Golden County Foods located in Plover, Wis. The frozen appetizer business has approximately $100 million in annual sales, 550 employees, and two production facilities. This transaction is slated to close in mid-July.
With this acquisition, Monogram Foods will own manufacturing plants in six states, all of which have been acquired by the company over the past nine years. During that period, the company has grown from 15 employees to more than 2,300 with the addition of Golden County Foods, while simultaneously increasing revenues from $8 million in 2004 to $500+ million in 2015 with the Golden County acquisition.
“This acquisition helps to strengthen our position and commitment to the frozen foods category,” said Karl Schledwitz, Monogram’s chairman and CEO. “The acceptance of our bid marks another important milestone in the growth of Monogram Foods and our commitment to not only save but also to create jobs in the markets in which we operate.”
