Currently, OSI Group is among the oldest supplier of food products. However, its name never gets old. Over the past 100 years, the company has continued to beat all the odds when it comes to the supply of food products. OSI’s success is influenced by the likes of Sheldon Lavin who serves as the CEO. Sheldon Lavin has continued to drive the company towards incredible margins for over four decades. His contributions to the food industry can never go unnoticed.
OSI Group started as a butcher shop and meat market in Oak Park built by Otto Kolschowsky in 1909. Otto was among the German-immigrant living in Chicago and took the opportunity to try his new venture. Otto’s business started to experience significant growth in the early 50’s when McDonald’s opened its first franchise under Ray Kroc. Otto & Sons, as named then was tasked with supplying Ray’s business with hamburger patties.
In the early 70’s, Otto & Sons opened a specialized facility dedicated to McDonald’s. Despite a great deal with McDonald’s, Otto’s company was still supplying for the local restaurants and market. To seek growth, Otto & Sons changed into OSI Group in 1975. It went ahead to expand its market to Brazil, Taiwan, Austria, Germany and Spain.
Over and over again, OSI Group has made it to the headlines with strategic moves meant to influence its growth. One of the company’s top objective is to supply safe food products around the world, and Sheldon has remained truthful to the aim. In 2014, OSI got into a joint venture with Pickstock. The partnership was beneficial to Sheldon Lavin and his team because it opened channels to expand supplies in Europe.
In 2016, OSI acquired Tyson, a production plant in Chicago. The acquisition was timely and beneficial to OSI Group because it was close to another one of theirs. The plant is broad enough hence providing more space for OSI’s operations. According to the Chicago Tribune, the plants was acquired at $7.4 million and was worth. In the same year, OSI also acquired the Baho Food’s controlling stake, and this gave it a wider reach in Europe. Baho Food supplies a wide number of food hence a perfect choice for OSI Group.
Also, in 2016, OSI Group went ahead and acquired Flagship Europe. Flagship is known for its presence and continuous supply of frozen poultry and sauces throughout Europe as well as the UK. Flagship was looking for resources to grow and OSI provided a perfect opportunity. In the move to grab the German’s market, OSI Group acquired Hynek Schlachthof GmbH, a slaughterhouse based in Tauberbischofsheim. The slaughterhouse is close to Frankfurt hence perfect to meet OSI’s urge to grow its markets in Germany and Europe.Sheldon Lavin has also contributed much to its growth.
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