OSI Group expanded their business greatly in 2016, with three major acquisitions. The company started with the purchase of Tyson Foods, Southside Chicago Food plant for 7.4 million “This facility enhances our capabilities to meet the rapidly evolving needs of our customers,” said OSI North America Senior Executive Vice President Kevin Scott in the release.
Next, the company acquired Baho Foods, a food processing business from the Netherlands that specializes and convenience foods, deli meats and snacks for retail food and food services industries. In December 2016, the company also acquired Flagship Europe. Flagship Europe provides foodservice products throughout the United Kingdom.
OSI Group is located in Aurora Illinois. The company was founded in 1909 by Otto Kolschowsky as a family-owned meat market and butcher shop in the Chicago area. They are currently a holding company for meat processors, servicing the retail and food service industries. OSI group Specializes and products for breakfast, lunch, snacks and dinner. The companies products include pork, beef chicken, and seafood, raw and processed.
Mr. Sheldon Lavin is Chairman and Chief Executive Officer and Mr. David G. McDonald is the companies’ President and Chief Operating Officer. Bill Wiemer is OSI’s Chief Financial Officer and Executive Vice President. As of 2016, the company employs 20, 0000 employees.
Awarded the 2016 Globe of Honor by the British Safety Council, OSI continues to be a world-wide industry leader in providing food products and food solutions. OSI is a private company but in 2015 they reported 6.1 billion in sales in were listed on the Forbes 2016 list of America largest privately held companies.
These acquisitions have given the company the opportunity to expand operations throughout the United States and further expand their operations into Europe. It appears that the OSI group is positioning themselves to have a greater year in 2017.