Global meat processing leader OSI Group, LLC has a long history of integrating thes changing needs of their customers into their business’ growth model successfully. The company has come a long way from its early days as being a provider of fresh beef patties to McDonalds in the 1950’s. Today, the firm has 65 processing plants and presence in 17 countries and was featured in Forbes magazine’s top privately owned businesses in 2016, with an annual revenue of $6.1 billion.
OSI’s recent business acquisitions put the food processing giant’s core strengths back into the media’s spotlight.
Baho Foods Acquisition
During the second half of 2016, the firm acquired Dutch meat manufacturer Baho Foods adding their five subsidiaries and processing plants in Norway and Germany to their holdings as part of the successful international transaction.
In public statements released by President and Chief Operating Officer David MacDonald, the deal was described as “[giving] OSI a broader presence in Europe” and as“ broadening [their] capabilities to best serve the evolving needs of [their] customers.” The business addition, which will expand OSI’s reach to the 18 separate markets currently served by the Dutch company, fulfills both of Mr. MacDonald’s strategic objectives.
Tyson Food Plant Purchase
The OSI Group’s high profile purchase of the Tyson Food plant in Aurora, Illinois for $7.4 million in June of last year expands the firm’s manufacturing operations and will enhance its ability to meet the evolving needs of their customers. The company announced that the 200,000 square foot facility was strategically located to OSI’s other plants in Chicago and was part of the business ‘growth plan supporting the organization’s continued expansion.
Founded by German immigrant Otto Kolschowsky in 1909 as Otto Kolschowsky Meat Market, OSI Group, LLC is leader in food processing, supplying beef, pork, chicken and seafood products throughout the food industry. The company has manufacturing facilities in the Americas, Asia and Europe.
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