OSI Group, which is based in Aurora, Illinois, is a global food supplier that has achieved tremendous success from its business model of expansion and diversification. The company has been producing bacon, meat pies, hot dogs, fish, pizza, and vegetable products. Recently, the privately owned American company that renders its services to retail and food service companies made notable acquisitions to solidify their presence in various regions. According to reports made by the Cook County Recorder of Deeds, OSI acquired the former Chicago-based Tyson Foods company for $7.4 million. When the corporation was acquiring Tyson Foods, the company was experiencing financial difficulties. Tyson Foods had insufficient ability to meet the changing consumer demands in the hospitality industry. Acquisition of the company enabled OSI to strengthen its presence in Chicago.
In 2016, OSI Group acquired Baho Food, a Dutch supplier of fast foods, snacks and deli meats to the retail and food service companies. David McDonald, the president and chief operating officer of OSI Group, said that the acquisition would stabilize their presence in Europe. Baho Food has five affiliations and operates in 18 European countries.
In addition, OSI Group acquired Flagship Europe, the supplier of frozen poultry, pies and sous vide, sauces, dressings, and mayonnaise in the UK. Flagship Europe had also expanded its capabilities by acquiring Calder Foods, a supplier of marinades, fillings, dips, sauces and mayonnaise. David McDonald said that Flagship Europe would boost their presence in the European market while broadening their capabilities to serve the changing demands of customers.
The premier global supplier of value-added food products is among US’s largest privately held companies. OSI Group has broad capabilities of developing outstanding custom foods with a unique supply chain that enables real time distribution. Their products not only fit the specific needs of their customers, but also maximize profitability margins. They run more than 65 facilities in 17 countries. The company has over 20,000 employees globally. They have built a stellar reputation in the food service industry due to their innovative research, exceptional culinary skill and vast industry experience. OSI guarantees continuous improvement and team work with its clients. The success of the company is anchored on its visionary leadership team.
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