The OSI Group, an American food processing company, is continuing to expand in the food manufacturing industry as they purchase other food companies. Since last year, they have purchased seven new facilities around the world. This growth allows the OSI Group to offer many more food choices to its customers.
OSI Group’s current CEO, Sheldon Lavin, is pushing OSI Group to grow globally. Currently, it operates in more than 65 facilities in 17 countries around the world. Levin, who has an academic background in finance and accounting, is on a mission to create a world class enterprise.
The OSI Group has spread in Europe with the purchase of Flagship Europe. Flagship Europe has expanded the company’s products, which includes hot dogs, bacon and hamburgers to frozen pies, dips, marinades and sauces. The availability of these new products helps to meet the evolving needs and desires of the customers.
As well, in August 2016, Baho Food, a Dutch manufacturing company of convenience foods, such as snacks and deli meats, also joined the OSI Group. Baho Food has subsidiaries throughout Germany and the Netherlands and provides food to 18 countries in Europe. Now, under the leadership of the OSI Group, they are planning to further increase their production and sales.
Not only is OSI Group expanding internationally, but they are also growing at home, in the USA. Last year, in June 2016, according to the Chicago Tribune, the OSI Group paid $7.4 million for a former Tyson Foods plant in Chicago. At the time, this food plant was on the verge of being shut down and would have cost the local community up to 500 jobs. The purchase not only gave more production options to the OSI Group, but also allowed many of the employees to keep their jobs at the plant.
Due to their constant growth and development, the OSI Group has managed to stay at the top of the food market industry for years. They understand that careful and mindful management of food products includes taking into consideration the tastes of different cultures, which allows them to make connections around the world. Each time they acquire a new facility in a different country, they work hard to learn about the needs and desires of the locals in that international market area.