OSI Industries, a privately run, American food company based in Aurora, Ill., has made many key acquisitions over the years to help strengthen its global position in the food sector. In December of 2016, OSI Industries purchased Flagship Europe, which is a subsidiary of the Flagship Food Group. Flagship Food Group is headquartered in Denver, Colorado.
Flagship Europe provides sous vide products, frozen poultry, pies, sauces, mayonnaise, and dressings to the United Kingdom’s foodservice sector. COO and president of OSI Industries, David McDonald, noted that the addition of Flagship Europe provides a broader presence in Europe for their firm. Mr. McDonald also stated that Flagship Europe’s holdings of specific products and brands help to complement OSI’s current strengths, while broadening OSI’s capabilities to best serve the customer’s ever changing needs.
An additional acquisition that OSI made in June, 2016, included a Tyson Food Plant. This Tyson facility, which was located in Chicago, Illinois, was procured by OSI Industries for $74 million dollars. An OSI Industries spokesperson quipped that the 200,000-square-foot location, located in the Back of the Yards site, is in proximity to OSI’s other facilities in Chicago. The OSI spokesperson also stated that this Tyson acquisition by OSI Industries was considered a key way for their new infrastructure to facilitate continuous growth.
The purchase by OSI Industries of Baho Food in August of 2016 added the Dutch food company to OSI’s European business portfolio. It was a deal, which COO, David McDonald said, provided a larger presence to Europe for OSI.
With the purchase of Baho Foods, the OSI Industries received five distinct food companies. And some of these companies owned processing plants that were located in the Netherlands and in Germany. These five companies, Gelderland Frischwaren, Bakx Foods, Henri van de Bilt, Q Smart Life, and Vital Convenience are key food services in Europe that provide value to 16 countries.
OSI Industries has attained many impressive business milestones and awards under CEO, Sheldon Lavin’s tutelage. Lavin’s senior leadership in the business world has helped OSI gained key recognition and some impressive awards. In December of 2016, one of OSI’s subsidiaries located in the UK was awarded the Globe of Honour by the British Safety Council. This yearly award, which is given by the British Safety Council, focuses on those companies in the UK that do exception things in areas of environmental safety.
First founded in 1909 as Otto & Sons, a small family meat market located in Illinois, OSI Industries is now a large, billion dollar, international corporation, with 20,000 employees. OSI Industries is recognized as a Top 100, American Company for its longterm success, and its ability to continually deliver high quality in areas of service and product. OSI Group acquires Baho Food