OSI Group Continues to Expand to Global Markets
The food production industry is one of the most incredibly significant businesses in the world. One of the leading food product companies that has been in the business for more than a century is the OSI Group. From its humble beginnings, the company is now a multi-billion business that has helped and worked with reputable names in the food industry all over the world. The biggest food processing and largest production company is continually dominating the industry not only in the US but also all over the globe. Let us take a look at how the OSI Group successfully founded and maintained major and strategic offices around the world.
In 1909, a German immigrant named Otto decided to leverage on the demand for high quality meat in the Oak Park area in Illinois. He founded a small meat market that later expanded to a wholesale meat trade. Otto brought his family from abroad and transformed his business into a company and named it Otto & Sons. Over the years, it exponentially grew and expanded its products to companies like McDonald’s and collaborated with General Milling Corporation in 1990. From there, Otto & Sons became a privately held corporation, OSI Group. Under the leadership and direction of its chief executive officer Sheldon Lavin and president Donald McDonald, the simple meat store in Illinois operates in more than 17 countries and is still looking to expand its scope worldwide. In 2016, the company purchased the controlling stake of Baho Food.
It is a Dutch company with affiliates operating in the Netherlands and Germany. Additionally, OSI acquired Flagship Europe in the same year. As a result, it took over Flagship Europe’s production of frozen poultries, condiments, and pies. For over 110 years in the industry, OSI Group maintained an impressive growth and longevity that no other company in the food processing company and food production industry has ever accomplished. Very few companies managed to remain on top of the industry for a long time. OSI Group’s achievement in the domestic and international market is especially impressive given the economic chaos that happened in the past several decades. The OSI Group was able to achieve all of this because of its precise and detailed unique marketing strategies and careful product development born from comprehensive research and market analyses.