OSI Industries continues to expand its world worldwide influence within the food manufacturing industry. The company acquired Baho Foods. Baho Foods is a Dutch manufacturer which specializes in snacks, deli meats and convenience foods. OSI executives are excited about the acquisition. They believe that Baho Foods has a business model that compliments what OSI Industries is trying to accomplish over the long run.
Baho Foods has plants in Germany and the Netherlands. Their team of leaders will remain in place as the merger continues to materialize. Members of the Baho Foods team believe that partnering with a much larger company will open up opportunities for them to achieve the goals that they had set previously.
Tyson Foods is another OSI Industries acquisition. Tyson Foods is a Chicago area based company. It was acquired for 7.4 million dollars. The business move saved hundreds of jobs at Tyson, which was ready to close its doors. Many employees were offered positions with OSI. It was estimated that nearly 480 jobs would have been lost if the group had not completed the purchase of Tyson Foods.
Flagship Food Group is another European company that joined the OSI team. They accepted the buyout offer and is looking forward to working with a multi-billion-dollar organization. Flagship Food Group provides many services throughout the United Kingdom such as frozen poultry, Oliver James pies, mayonnaise, dressings, and sauces.
Despite the tremendous growth of OSI, the company has maintained its integrity. It was presented with the Globe of Honor Award for 2016 by the British Safety Council. The award is designed to bring awareness to companies that are dedicated to implementing safe practices throughout every aspect of their organization. OSI has been diligent about these practices. Measures have been taken to hold individuals accountable for business practices that are not up to OSI standards.
OSI Industries was founded in the early 1900s. It began as a family meat market in the Chicago area. It soon blossomed into a thriving meat supplier for other food businesses within the region. The founder, Otto Kolschowsky, eventually turned the company over to his sons. Otto and Sons continued the tradition of innovation and smart business practices. This led to a relationship with McDonald’s CEO Ray Kroc. Otto and Sons grew with the McDonald’s organization. The company later became known as OSI Industries.
http://www.osigroup.com/about-us for more information.