OSI Group, one of the largest food production companies in the world has in recent past been on a big plan of expanding its business operations to many places around the world. The company which now operates in 17 countries and has over 65 plants all over the world started operations as a butcher shop in Chicago.
The founder of the company of the shop was a German immigrant to the United States named Otto Kolschowsky. Together with his two sons, they steered the company in the right direction and even won one of the most important business deal which finally led to the growth of the company as we know it today. In 1955, when the company was known as Otto & Sons, it struck a deal with McDonald’s to supply hamburgers. This would be the turning point for business which would later be known as OSI Group.
The company has been engaging in expansion programs which have seen its business operations move to many countries especially in Europe in recent times. The huge demand for food necessitated the expansion plans to Europe. The market was ready to be tapped, and this is what the current management led by CEO Sheldon Lavin did. The acquisition of the European market started with some huge acquisitions such as Baho Food and Flagship Europe.
Baho Food is a Dutch food company which operates in 18 countries in the continent directly and through subsidiaries in Netherlands and Germany. The acquisition took place in 2016. Sheldon Lavin then moved to the acquisition of another company known as Flagship Europe. The company was recently renamed “Creative Foods.” the recent acquisitions are enabling the company to employ the same tactics it employed in the United States and Asia where it has widespread business activities going on. The company has already opened production companies in Spain and Germany to boost the high demand for its product with the expansion plans it is currently rolling out.
OSI Group has not only focused on expansion in the international market but also in the local market. In Illinois, it has acquired a massive production plant that was previously owned by Tyson Foods. They bought the plant for $7.4 million. Sheldon Lavin has been allowing employees of the firms he is acquiring an opportunity to continue working for the new establishment. Sheldon Lavin is not interested in changing the foods that people are used to- he intends only to supply what the people need.
About Sheldon Lavin: www.rmhc.org/board-of-trustees