OSI Group L.L.C is a company that is based in the Aurora, Illinois. The firm was established in 1909, and the mains products that it has been offering are pizza, meat patties, hot dogs, bacon, poultry, fish, and vegetable products. It has been ranked as the 58th company in the Forbes list of the top 100 businesses, and its revenue in the last financial year was $6.1 billion. OSI is a currently a privately owned enterprise, and it has a staff of about 20000 employees.
The company has been ranked as the 66 business in the list of the leading 100 food/beverage companies. The development of the enterprise has been boosted by Sheldon Lavin, who is OSI Group’s current chief executive officer and chairman. He was earlier acknowledged by the Vision World Academy of India by being given a Global Visionary Award. Mr. Lavin initially had a career in finance before joining OSI. He has transformed the firm from being a local food company to an international food processing enterprise that is worth billions of dollars. It has more than 60 branches that are based in 16 different nations. Sheldon is the Rush University Medical Center’s general trustee, and he formerly worked as the Director of National Fish & Wildlife Foundation.
The company has always been investing to ensure its development. Since June 2016, it has been planning on acquiring a food processing enterprise that is located in Chicago. According to Kevin Scott who is the senior executive vice president of the North America-based OSI branch, the purchase of the facility would increase the constantly changing needs of the customers. The company has been working to embrace the mission of most of the top 100 firms in the industry, which is to prioritize the needs of the clients. Businesses that can meet the customer needs are likely to lead the food and beverage sector.
The OSI Group recently purchased Baho Food, which is a Dutch company that manufactures deli meats, convenience foods, and snacks that are sold in the retail. The firm did not expose the deal’s financial terms. OSI will now cover a bigger market in Europe through its acquisition of the Baho Food. The chief operating officer and president of OSI, David G. McDonalds, believes that the products portfolio of the company boosts its processing power and also strengthens its ability to offer top-notch services to the clients.
Baho Food has five units, and it has processing factories in Netherlands and Germany. These firms are Vital Convenience, Gelderland Frischwaren, Q Smart Life, and Henri van de Bilt, Bakx Foods. They offer their services in 18 countries in Europe. The management director of the company, John Balvers, and other executives will be part of the OSI administration. They will be working to ensure the smooth merging of the companies. The joining of the two companies will enable OSI Group to have an extensive portfolio of products and brands to offer to its clients. Mr. Balvers believes that the OSI has the best relationships with its customers and the distributors.