OSI Group is a thriving firm that has been renowned for the high quality of products that it offers in the food and beverage sector. The headquarters of the company is currently located in Aurora, Illinois. OSI was founded in 1909, and it has specialized in the processing of foods such as bacon, pizza, fish, meat patties, hot dogs, poultry, and vegetable products. The Forbes ranking of the top 100 companies recognized it by naming it as the 58th firm. The enterprise also has a reputation in the food and beverage sector since it has been listed as the 66th business.
The development of the OSI Group has been made possible by Sheldon Lavin who strived to ensure that it grew into the international markets. His work enabled him to win the Vision World Academy’s Global Visionary Award. Mr. Lavin was a skilled finance professional before he was hired by the company. He committed himself to ensuring that OSI Group was transformed from a local food factory to a global enterprise that mints billions of dollars. The processing business of the firm has currently spread to 16 countries where it has set up 60 plants.
The OSI Group is a company that has been working towards its development and market penetration. The firm recently increased its business through the acquisition of the Baho Food. The enterprise was previously run by the Dutch, and it covered a vast market in Europe. It has mainly specialized in offering deli meats, snacks, and various portable foods. OSI is a private company, and therefore, it did not disclose the financial details of the transaction. It is devoted to penetrating the Europe market by using Baho Food. The president of the firm, David G. McDonalds, thinks that there will be a significant development in its product portfolio, and it will also have a greater ability to satisfy the clients’ requirements.
Baho Foods has mainly built its food processing plants in Netherlands and Germany. It is made up of five main subsidiaries, and they are Q Smart Life, Henri van de Bilt, Bakx Foods, Vital Convenience, and Gelderland Frischwaren. The commodities of the company are sold in approximately 18 countries in Europe. The managing director of Baho Foods, John Balvers, will join OSI Group as an executive to ensure that transitions are made smoothly between the two firms. The acquisition will enable OSI to have a huge market and also offer a broad array of commodities and brands to the clients.