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OSI Industries Accelerates Its Global Expansion Spree

October 6, 2017 - Author: steph - No Comments

OSI Industries is still hungry for growth. The food-manufacturing conglomerate recently picked up new food companies to add to its juicy plate. The group supplies packed and processed food products such as different meats and fresh produce. It targets the food service industry as well as retail markets. Seven new processing plants around the world supplement this growth.

Reports indicate the group recently acquired a processing plant for around $7 million. Tyson Foods in Chicago operated the facility. This augments production capacity to support the projected growth. OSI Food Solutions Spain recently boosted production by expanding the chicken processing plant in Toledo with high capacity production lines. This will double the plant’s output. It enables the company to exploit rising demand in the region.

OSI Industries has presence in the US and sixteen other countries globally. Sheldon Lavin is the man driving this rapid growth. He is serving as the Chairman and CEO of the group.

In the same fashion, the group is expanding its consumer menu to include special price points as well as natural and organic options. The holding company offers fresh, healthy and tasty food for the global consumer. Some of the group’s consumer products include bacon, pork, pizza, chicken, meatballs, and hotdogs.

The multi-billion-dollar holding company is one of the biggest privately-held firms in the world. Forbes ranks the company at number fifty-eight globally by annual revenue. It posted over six billion in sales last year.

The group recently acquired Flagship Europe, a supplier of frozen poultry foods and condiments to the foodservice industry in the UK. This expands the firm’s European footprint and opens the doors to new markets. Additionally, Baho Food brings Germany and Netherlands to the stable and with them access to over eighteen countries in Europe.

OSI Industries was founded in 1909 and has its headquarters in Illinois in the US. The company employs over twenty thousand workers. Besides Baho Foods and Flagship Europe, the group runs other subsidiaries such as OSI International Foods, OSI Food Solutions, and OSI Austria Foodworks among others. The group operates as OSI Industries in the US.

OSI Industries and multiple subsidiaries have won numerous industry awards for excellence in service delivery and business leadership. Trade Monthly Magazine honored Flagship Europe as the “Best Global Diversified Food Supplier” in 2017. British Safety Council honored OSI Food Solutions UK with a “Globe of Honour.”

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