Not many companies that operate on the global platform can effectively exploit and benefit from every business opportunity as OSI Group does. One area that OSI has utilized is the food processing and production sector. OSI is among the 100 top leading companies in the world that offer diversified, high quality and budget-friendly food products. OSI has made many acquisitions over the years however, it is the recent acquisition of Baho Food that has grasped the attention of many consumers and investors in the world.Baho Food is a private company based in the Netherlands that is widely known for the production of quality meat products and other related goods for retail industries and food service providers.
It is widely known for providing deli meats and snacks among other food products. This is a deal that not only OSI Group LLC clients have welcomed with opened hands but also its entire management and employees.David G. McDonald who is the chief operating officer and president of OSI confirmed the news saying that it was a great business transaction and an idea to add Baho Food to its chain of business. David went on to say that Baho Foods meets the food provider’s missions and objectives and the high quality brand compliments the firm’s portfolio of products and services. He also feels that the deal will also motivate the company and its entire fraternity to improve and strengthen its food production and delivery endeavours.
The good news for OSI Group is that Baho Foods has been in the market for a number of years and has five affiliates. In addition, it also has world-class food processing plants in the Netherlands and Germany. Generally, Baho has been serving customers in more than 18 European nations. The good news for Baho Foods management is that they will remain a part of the business entity and work together with the OSI management.John Balvers, the managing director of Baho Foods said that the company and its executives are pleased to join OSI and building an outstanding relationship. Mr. Balvers feels that Baho is privileged to enjoy such as an opportunity and leverage on the experience and abilities of OSI Group. This acquisition presents OSI an opportunity to reach a wider and new clientele base that will help both companies realize their dreams.
It is evident that the internet is playing a significant role in nearly all the industries in the modern days. It is worth noting that there are principals behind the fascinating progress experienced in the digital world. Malcolm Casselle is a dedicated techie who is particularly concerned about making the gamers’ online marketplace a safe place. Malcolm Casselle, the World Asset eXchange President and OPSkins CIO, has an intrinsic unstoppable desire to see the digital currency grow beyond limits. His fervent leadership has enabled him to make OPSkins a leading marketplace for transactions involving in-game products for video games.
Malcolm Casselle holds a Masters in Computer Science and has played a significant part in many reputable organizations. He is the brain behind MediaPass, a popular digital subscription solution for several keynote media firms. You will be surprised to learn that this defining investor is actively involved with investments in major companies like Zynga and Facebook. At PCCW, he is a Co-founder and is recognized for having raised billions for its public offering and other massive amounts channeled towards private transactions.
Understanding the Concept Employed by WAX
OPSkins came first as an avenue for online video game fanatics to transact safely online. It is a centralized platform that allowed them to buy and sell without fear of scamming. However, later Malcolm thought of a decentralized platform that would be equally efficient and completely fraud-free, and that’s how WAX came to be. This idea was implemented by OPSkins founders. The global gaming platform currently serves a capacity of 400 million players. It is already in use, and clients are enjoying buying, selling, and collecting their in-game items with minimal risks.
WAX allows traders to tokenize virtual goods, which are then easily traded with cryptocurrency. WAX tokens are not limited to video games only. Millions of interested traders get an opportunity to create their virtual stores since the platform is decentralized. From the platform, they reap such benefits as instant payments upon authorization of transactions, assured security, and trustworthy services. Although millions are yet to join the fast-growing platform, it has a lot to offer. Anyone engaging in the global market can rely on WAX.
It was common in the past to work for a single company for the entire length of one’s career but not so common nowadays. David McDonald is someone that has made that decision to work for just one company and it landed him in the positions of chief operating officer, president, and a seat on the board of directors. He has worked for OSI Group LLC since graduating from college in 1987.His company is one of the world’s largest food producers with customers ranging from industrial, grocery store private-label, and restaurants. He oversees a vast global supply chain that includes suppliers, over 65 food production facilities, and transportation to their customer’s locations.
David McDonald says that while his food company is global in scope they also work closely with local food providers so that all of their customer’s needs can be efficiently met.OSI Group has often grown by acquiring other companies in the food industry. David McDonald usually handles these acquisitions. This was the case when his company recently bought Baho Foods. This is a Dutch firm that offers deli meats, marinades, sauces, and other processed food products to their customers. He said that his company bought Baho Foods because it gave them access to new markets and both companies offer similar products.
In an interview, he extolls the benefits of getting food from OSI Group. David Mcdonald says the key business vision of the company is to always exceed customer expectations. What helps them meet this goal is that they have remained a private company. This gives them the flexibility to take their time and establish solid relationships with their suppliers, customers, and other stakeholders. He has never doubted in this vision he said.Based near Chicago, OSI Group is expanding its operations in Europe, Asia, and in North America. In order to support its expansion in North America, they recently bought a food processing plant that was slated to be closed by Tyson Foods. David McDonald says that he was able to negotiate with Tyson Foods and buy this plant at a reasonable cost. This saved the jobs of 500 people who otherwise would have become unemployed.