The OSI Food Solutions is a food production company operating primarily in Spain and is a subsidiary of the OSI Group LLC, a privately owned American company.
It has recently been announced by the OSI Food Solutions that the company has been able to successfully increase their production capabilities in the city of Toledo thanks to the opening of a new high-capacity production line. The project cost more than 17 million euro. The facility took up 20 000 square feet and created 20 positions bringing the employment at the OSI Food Solutions to 160 people.
The corporation has branches in Germany and China as well. It sports more than 65 facilities in a total of 17 countries and counting. One of the most prolific markets for the OSI Group LLC is the Chinese market. It is one of the fastest developing ones in the world, and that sets up the present and active business on the market for success. The corporation has been working in the Chinese market for several years. Globally, the OSI Group LLC is providing its products and services to the largest fast food brands such as McDonald’s, Subway, Burger King, and the likes.
On top of the OSI Group LLC is currently President David McDonald. He has been serving at the position for the past 31 years. He was appointed by the Chief Executive Officer of the corporation Sheldon Lavin who used to perform legal services for the former leaders of OSI Grup before joining the company and inheriting the leadership. CEO Sheldon Lavin is responsible for the expansion of the OSI Group LLC into a global corporation.
OSI Group LLC used to be known as Otto’s Meat Market many decades ago. The company was started all the way back in 1909 as a small corner shop. Over the years the little business grew, and Otto’s sons took over most of the responsibilities at the store and so it was renamed to Otto & Sons.
During the 50s, the business had a breakthrough that would change its course. The company got as a new client McDonalds that appointed it as its primary meat provider. From then on the company started getting more and more long-term clients. The business became known as the OSI Industries LLC, and with Mr. Sheldon Lavine as its Chief Executive Officer, the company was well on its way to streamlined growth. Soon after, the corporation started turning international and then went global.
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OSI Group, LLC, is a privately held food processing company that is based in Illinois. It was founded in 1909 by a German immigrant and eventually became one of McDonald’s largest suppliers of fresh beef. In the 1970’s the company was purchased by Sheldon Lavin who has since served as the company’s Chief Executive Officer. Under his leadership, the company has greatly expanded, including internationally. According to Forbes, OSI Group in now the 58th largest private company in the United States.
In the last year, OSI Group has made two big acquisitions in Europe. The first occurred August 2016 when it was announced that they had bought Baho Food, a large Dutch food processing company with processing plants in both the Netherlands and Germany. This gave OSI Group not only more production capacity in Europe but also extended the reach of their products into 18 European countries. It also added the types of food they offer in Europe as Baho Food’s products complimented OSI Group’s offerings very well.
The other large acquisition of the last year was announced in December 2016. OSI Group bought Flagship Europe which is located in the UK. This was another great acquisition for OSI Group as their processed food also complements what OSI Group was already providing in this important market. Among the processed food that Flagship Europe sells is sandwich fillings, sauces, dips, and marinades.
Expanding the company’s production capacity in the United States, OSI Group also bought a production facility in Chicago that had been owned by Tyson Foods. The facility was purchased for $7.4 million and, as it is close to other OSI Group facilities in the area, adds to their tight infrastructure in the area. Most of the Tyson Food employees at the plant were offered jobs with OSI Group.
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