The OSI Group is a company from Illinois specializing in the production and retail of food products. Some these products include dough products, vegetable products, fish products and poultry product. The OSI Group also specializes in pork products, hot dogs, bacon and meat patties.
These products are sold across the globe as the company has over 70 plants in more than 15 nations. Some of the countries where the OSI markets its products include Australia, United Kingdom, Germany, Netherlands, China, and Japan. In the United States alone, the company has plants in Oakland, Iowa, Fort Atkinson, Wisconsin, West Jordan Utah and Riverside, California.
In the past 30 years, the OSI Group has managed to expand through mergers and acquisitions. Recent companies that have being acquired by the company are Tyson Foods and Baho Foods. Tyson Food was an American based firm while Baho Foods was a European based firm. As for Tyson Foods, the deal was worth $ 7.4 million. However, the financial details of Baho Foods acquisition were not revealed. The only common thing about these two deals is that the employees of these two companies retained their jobs. The executives were also integrated with executives from the OSI Group.
The OSI Group has a rich history. The firm was established in the year 1909 by a German Immigrant as a family meat market. Later on, this business expanded to become a wholesale meat trade company. In the early 1970s, the OSI Group struck a deal with McDonald’s to become their sole meat supplier. At the same time, the firm was acquired by Sheldon Lavin who maintains the position of chief executive officer to date. The president of the OSI Group is David McDonald. The OSI Group thrives on two principles. For a company to be successful on the international market, it should understand the culture of that nation and follow government regulations.
Visit osigroup.com for more details about the company.