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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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