OSI Group was founded in the state of Illinois. And it is currently a billion-dollar firm that has earned many accolades. Known initially as Otto & Sons, Inc., this family-owned meat shop was located in Chicago, Illinois. Otto Kolschowsky, a German immigrant, hatched a little meat shop in 1909, which served the locals of Oak Park. This city was near Chicago.
After many decades as a meat company, Otto & Sons expanded its business based on a significant relationship that forged with the world-famous hamburger chain, McDonald’s. Since those meat processing days of Otto & Sons, OSI has grown into a company that is worth 6.6 billion dollars, according to Forbes.com. OSI was also deemed the 58th largest private food firm that was U.S. based. Aurora, Illinois is where OSI’s headquarters are located. Sheldon Lavin has been the CEO of OSI Group since it was called Otto & Sons. Lavin changed the named to OSI not long after taking the helm as CEO in the mid-1970s.
Regarding the topic of OSI Group’s business deals and M & A’s, OSI purchased Baho Foods in August 2016, which is a Dutch firm that owns five subsidiaries and well as many factories. Baho Foods sale to OSI was part of OSI’s business strategy to hatch a more significant presence in the world, especially in Europe. By OSI having strategized the purchase of a few critical food companies in Europe, it led the way to expand even more into Asia and other regions of the world.
Because of OSI Group’s purchase of Baho Foods, the Illinois company took control of five companies. Many of these subsidiary companies had essential processing plants that were situated in both Germany and the Netherlands. The five subsidiaries owned by Baho Foods included Vital Convenience, Henri van de Bilt, Q Smart Life, Bakx Foods as well as Gelderland Frischwaren.
Currently, OSI Group sells a variety of foods. These include fish, meat, specialty-dough, vegetables, poultry, mayonnaise, vegetable-based products, and more. OSI Group serves both international and domestic clients, which are part of our customer base.
OSI Group has 20 thousand staffers, and 65 additional facilities located in over 15 countries. Lavin’s company provides products to private-label industries, retail, restaurant, industrial as well as foodservice/distributor industries. OSI also produces 45,000 tons of beef, chicken, and pork products, annually. Recently, OSI doubled its chicken meat production based on demand in Spain.