OSI Group has become one of the country’s most well known and established privately owned meat processing companies, based in Aurora Colorado. The company was established in Chicago in 1909 and today boasts having over 20,000 employees. The company supplies a variety of meat products including hot dogs, meat patties, fish, bacon, poultry, and vegetables. OSI Group has operations all throughout North and South America, Europe and Asia. OSI Group continues to acquire new food industry companies. They recently just purchased Baho Food and Flagship Europe.
OSI Group added Baho Food to the OSI Europe giant in 2016. Baho Food is a Dutch company that specializes in snacks and deli meats that services the retail industry. The OSI Group Chief Operating Officer David McDonald says that Baho Food and its portfolio fits well with what OSI currently offers. Baho Food will allow the OSI Group to grow their capabilities to offer more services to their emerging client needs. With the purchase of Baho Food, OSI Group has a better ability to control their companies and processing plants in Europe. The Baho team was not reshuffled as they stayed as part of the company and created new growth plans for the joint company. OSI prides itself on the outstanding relationship it has with their suppliers and clients.
The other company that OSI Group was able to acquire was Flagship Europe. Flagship Europe specializes in supplying food services throughout the United Kingdom. They are mainly known for providing frozen chicken, Oliver James pies and sous vide tools. Flagship Europe also supplies mayonnaise, sauces and dressings. This acquisition allows Flagship Europe able to access more clients through resources that OSI Group can provide. Flagship Europe will also be able to grow their market and strengthen their position in the market. Flag Ship Europe has a larger opportunity to improve their offerings and find new markets.
OSI’s Sheldon Lavin Receives Global Visionary Award.
OSI Group was originally started by Otto Kolschowsky in 1909 as a family meat market in Oak Park, Illinois and then grew into a wholesale meat trade in 1917. The company later became Otto & Sons and became known as a provider of quality meats. They became the one of four main providers of meat to McDonald’s in 1955. In 2011, Forbes named the OSI Group as America’s 136th largest private company, which a yearly revenue of $3 billion. Five years later it became number 58 on the list of largest private companies with a revenue of $6.1 billion annually. OSI Group Acquires Flagship Europe