Tag Archives: meat business at the marketplace

OSI Foods Continues Shining Globally

In late 1909, a German immigrant to the United States living in Chicago saw an opportunity that nobody else had seen. The opportunity was starting a meat business at the marketplace. He opened a butcher shop and a meat market together with his sons and named the premises “Otto & Sons.” Over the years, the Otto family worked hard to make OSI what it is today. The food solutions company has grown from a family based business into a world-class business institution. The business opened branches in many parts of the United States and continues to do more branches in Europe, Asia, and Australia. Under their current CEO, David McDonald has been in the forefront of improving the company’s image globally.

The group has received several accolades that have significantly improved status internationally. One of such awards is the 2016 British council award. OSI group received this highly coveted award for their continued effort towards environmentally friendly practices. An organization receives such an award if they are persistent in ensuring that their operations are environmentally friendly. OSI CEO on his part on behalf of his company thanked the British Council for consideration and assured them that they would continue working towards a greener and cleaner environment.

The company has been working towards venturing new markets in different parts of the globe. There has been lots of interest in the European food market by OSI. Venturing into new markets sometimes might be hard if you don’t understand the local cuisines. As such, for the OSI group acquired Baho, a food group based in Europe. Baho offers their services in Germany and the Netherlands. With over five subsidiaries in the two countries, OSI group was able to spread their wings wider in Europe. This acquisition has been ranked as one of the most notable acquisitions of the year 2016.

There are other acquisitions that have been instrumental in catapulting OSI group further. This is Tyson’s foods merger. Tyson’s foods Company closed their operations a few years ago. OSI has been quick to take the opportunity and acquire the company’s assets and production facilities. The OSI officials based in Chicago indicated that they would use the newly acquired facilities will be used in boosting production since their customer base is improving by the day. There was, however, no clear explanation about how the new facility would be used. There was also no explanation if the new facility would be used for beef products or pork products.