OSI Group Food Plant Purchases In 2016
OSI Food Solutions is a food processing company that has been in the market for a long time. Its headquarters are based in Aurora Illinois. Over the years the company has tried to expand its services by establishing new branches all over the world. It has an operation center in Toledo, Spain among other areas. The company processes various food products including, beef, poultry, and pork products of high services. Most of the products for the OSI Group are packaged and supplied to different supermarkets while others are provided to the global restaurants of the company.
The management team of OSI Group entails a group of experts dedicated to ensure that the company logistics increase. David Mc Donald is the president and Sheldon Lavin the Chief Executing Officer. They are passionate to expand the company, even more, to add to the existing operations in 17 countries. These two top leaders have overseen the purchase of Baho food Company in Europe. The acquisition was conducted in August 2016.
Previous Baho Food Company provided food to 18 European countries; it’s a Dutch company with different branches in both Germany and the Netherlands. Under the new OSI Group management the will be increased production as David McDonald and Sheldon Lavin has set up plans to ramp up production. The same year OSI Group purchased Flagship Europe to enable the company to engage in new development operations. OSI Food Solutions took over Flagship production of Frozen poultry, condiments, and pies. In addition to expanding OSI Food Company in Europe, the company has extended its activities to Spain and Germany. This expansion of the company creates a diverse range of services it also aims at meeting the needs of all their clients at individual levels.
In June 2016, OSI Food Company purchased a food plant in Chicago after being declared bankrupt. The plant was on the South side of Chicago and Tyson Foods company as the operator. Due to costs, the company was nearly being closed which would make almost 500 people unemployed. OSI Food Company offered $7.4 million to fund the Tyson Food plant and retain its previous financial position.
Find more about OSI Group: https://www.careerbuilder.com/company/osi-group/CCH1WK6N6RGZZBMJWY2