OSI Group Overview
OSI Group is a company that supplies food products especially meat to retails and other foodservice outlets. The company’s headquarters are in Aurora, Illinois. OSI Group history can be traced back to 1909 when Otto Kolschowsky, who was a German, opened a meat market in Oak Park, Illinois. The market brought a great deal of success which led to the expansion of the once small family-owned business. After the expansion, the business became a wholesale and shifted its headquarters from Oak Park to Maywood. It was also renamed and was formally known as Otto & Sons. The big break for the wholesale came in 1955 when McDonald’s, which by then was also a startup, chose Otto & Sons as its beef supplier.
Another drastic change came in 1973 when the wholesaler opened a branch in West Chicago. This branch was more advanced and marked a new era in the business. In 1975, it changed its name from Otto & Sons to OSI industries. As the McDonald grew in size and popularity, so did the OSI, which was still supplying meat to McDonald’s.
OSI Group Present Performance
Since its foundation, OSI Group has been on an upward scale and is expected to continue growing. In 2016, the company acquired the Baho Food which was a Dutch-owned company famous for manufacturing convenience foods such as snacks. According to the President and CEO of OSI Group, the purchase of Baho was important for the company since it is seeking to cement its presence in the European market.
However, the integration of Baho into OSI did not mean that the Baho managerial team would be out of a job. According to OSI, the Baho managerial team would remain as part of the team and work closely with the OSI team to develop strategic measures that will enable them to expand the two new integrated companies.
OSI Group also made another big move by expanding its services to Spain. The Spain branch has the capacity of producing 45,000 tons of chicken, pork, and beef. According to the managing director of OSI Group Spain branch, there has been an increasing demand for chicken in both Spain and Portugal. This has prompted the company to produce more to meet the growing demand. OSI Group has also been a recipient of several awards such as the Globe of Honor Award that was bestowed on them by the British Safety Council.
About OSI Group: www.forbes.com/companies/osi-group/