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.
OSI Industries, a world-leading distributor of wholesale food products, has grown from a regional U.S. food distributor into a company with operations across the globe. Since the 1970s, the OSI business model has been corporate expansion by taking advantage of opportunities for acquisition, merger and partnership. Even though OSI already occupies the space of being one of the world’s largest food processing operations, the company continues to diligently expand operations when the opportunities present themselves. Recent years have seen some big expansions in areas such as Australia and Europe and 2016 marked a particularly impressive run for OSI Industries in the United Kingdom. Learn more about OSI at zoominfo.com
The 2016 calendar years saw OSI Industries acquire a British company called Flagship Europe. This company was a great addition to OSI’s portfolio of companies due to the fact that it has such a highly regarded reputation in the U.K. food market. Flagship Europe is known for its extensive range of high-quality products that range from items such as pies, sous vide and frozen poultry among others. The ever-expanding Food To Go area of the food service industry is also an area that Flagship Europe has placed a large amount of focus on. Flagship’s Chief Executive Russell Maddock has emphasized the fact that this business deal was great for his company because it greatly increases the firm’s overall resources. David McDonald, OSI President and board member echoed this sentiment and also emphasized that the Flagship brand was a great addition to OSI’s extensive family.
On November 25, 2016, OSI Industries added another accomplishment to its banner years in the United Kingdom. This was due to the fact that the British Safety Council chose the food processing giant as its Globe of Honour awardee for 2016. O: SI was among eighteen other great organizations that were recognized by the council for their commitment to maintaining environmentally sustainable facilities and operations.
Big news for OSI Industries in Europe was not limited to the U.K. during 2016. OSI also gained control of a Dutch food processing firm called Baho Food that year as well. With operations in both the Netherlands and Germany and an impressive geographic distribution line, Baho Food is yet another great addition to OSI’s family of companies.
OSI Food Solutions is a producer of processed foods. It is one of the companies that are doing very well in the food production industry. It is regarded as the largest food company in the world, considering its recent valuation by the Forbes. As of 2016, the company was valued at $6.1 billion and ranked as one of the biggest companies in the United States. Out of the top 100 companies, OSI ranked at number 58. This valuation shows how great the company has become. The high valuation of the company has come from the expansion of the company’s operations in many countries around the world.
OSI Food Solutions has over 65 production plants and more than 20,000 workers. The company is keen on taking its operations to all corners of the globe if possible. It is worth noting that in recent years, international expansion has taken center stage in the operations of the company. The expansion is taking place through various approaches. One, there is the acquisition of production plants in the local market.
In 2016, OSI Food acquired a production plant that was formerly owned by Tyson Foods. Tyson Food was using the plant for the production of food products, especially chicken products. OSI acquired the plant to boost local production and supply of food products. The market in North America has expanded significantly, and there is a need for the company to meet the increasing demand in this region. The food plant in Chicago will help the business to meet this demand.
The other approach used by OSI Food Solutions in its expansion process is the acquisition of other companies. In 2016, Baho Food and Flagship Europe (now Creative Foods) joined the list of companies partnering with OSI Food Solutions. The acquisition saw the companies retain their senior management teams. OSI is interested in partnering with these companies to establish a strong presence in the European market. The acquisitions will give OSI the impetus needed to take the company to another level of growth.
OSI Food Solutions has also used the approach of expanding existing food production plants as a way of boosting its food production operations. The food production plant located in Toledo, Spain has been expanded to meet the growing need for food production operations in the region. The company has doubled its production of chicken products. From 12,000 tons, the production now stands at 24,000 tons annually. The total production from this plant has improved and now stands at 45,000 tons.
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