OSI Group has been a leader in food manufacturing for many decades. The company continues to expand its reach by making key acquisitions in order to strengthen its position in the worldwide market. Baho Foods and Flagship Food Group are two European food manufacturers that were acquired by OSI. These relationships are expected to strengthen the company’s market share in the European region. Baho Foods is a well-established manufacturer in Europe that has been in business for 60 years. It has a strong niche in the market and will open doors for OSI that were not previously available. Flagship Food Group has made acquisitions of its own and is expected to be a valuable asset to the growth for OSI Group throughout the European region.
Tyson Foods is a another acquisition that was made by OSI Group. Tyson Foods operates out of Chicago area. It was purchased for 7.4 million dollars and quickly added to the OSI objective. Purchasing Tyson Foods saved an estimated 500 jobs at the organization. The company was looking to close and had nowhere to place its employees. OSI was able to save those jobs and even offer some of its personnel lateral positions at the OSI organization.
OSI Group has continued its growth throughout the years by embracing diversity and accepting new challenges. There are plants operating in the Americas, Asia Pacific and European regions. Its employee base is over 20,000 strong. OSI has a recruiting platform that allows them to acquire talent that suits the needed requirements of its international operations. There are recruiting bases in Germany, the United Kingdom, the United States, Asia-Pacific and Poland. OSI Group is proud of the fact that the people they hire expect to make their careers at the organization. For that reason there is very little turnover in the OSI Group staff. OSI Group Buys Former Tyson Foods Plant in Chicago
OSI Group is an example of the American dream. It was founded by an immigrant who established it as a meat market in the early 1900s. Otto Kolschowsky ran the business with his sons and established his company as a organization that could be counted upon to deliver great product. They eventually developed a working relationship with the McDonald’s Corporation in the 1950s. The innovative techniques of Otto and Sons made them become the sole provider of meat to the McDonald’s Corporation. At this point the company became known as OSI Group and began doing international business throughout the world.