Most people who go to the supermarket to buy food or to a restaurant to eat do not give a second thought to where the ingredients of the food came from. The production of the raw materials needed by supermarkets, restaurant business, and fast food industry is an important one for their business. Most of these service providers want to use the best in the food production industry to ensure high quality produces. One such company in the food processing industry is the OSI Group that has a large global presence.
OSI Industries have been around for more than five decades and has it’s headquarter located in Aurora, Illinois from where it looks over its production facilities across the world. OSI Group mainly produces and sells packaged protein items but are expanding to other items in the recent years through mergers and acquisitions of local companies in countries they want to service. Under the leadership of their CEO Sheldon Lavin and President David McDonald, the company has expanded its presence to 17 countries and are looking to reach out to the broader customer base in short period.
OSI Group has acquired two companies in Europe recently. One is the Baho Food, a Dutch company that provides food to about 18 countries in Europe. The company aims to increase production capability and its sales through this acquisition. Another company that the company has purchased is the Flagship Europe that produces pies, frozen poultry items, and condiments. OSI Group aims to enter new market opportunities Flagship Europe as they plan to enter Spain and Germany with their services.
While the OSI Industries continues to expand its presence, their primary focus is to extend their product line and to increase their presence in the domestic market as well. For this reason, they have also invested in a food processing plant based out of Illinois. The facility owned by Tyson Foods was going to be shut down when OSI Group decided to purchase it. If the plant has closed down as planned, more than 500 people would have lost their jobs. Through the purchase, OSI Industries will be able to expand its product line in their home country.
Most of the food processing companies in the world managed to either expand or stay in business for long. But, OSI Industries have managed to do both. Along with operating in multiple countries, the company has also managed to build relationships with the local community through its local management teams who look after the various areas of the business.
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