The US-based company, OSI Group, is one of the biggest food processing firms in the world. The multi-billion company has production facilities in America, Asia, and Europe. The Group has received recognition for its ability to provide food products and solutions in the food industry. The food manufacturing organization supplies beef, bacon, and sausage, seafood dough, poultry, cheese, as well as fruits and vegetables. OSI goes out of its way to provide not just meat products, fruits, and vegetables, but rather, food products that are custom value-added. The fact that it is among the largest private companies in the U.S, it ensures to avail both unbeatable resources and reach.
OSI Group has 65 facilities in 17 countries with approximately 20,000 workers. Through consistency and responsiveness, OSI Group is able to support its clients’ operations as far facilitating future growth and global presence is concerned. OSI Group works hard to make sure that people who interact with its products enjoy a quality experience almost everywhere in the world.
History of OSI Group
Formerly known as Otto Kolschowsky Meat Market, OSI Group was established in 1909 by a German immigrant Otto Kolschowsky. In 1928, the company changed its name to Otto & Sons until 1975 when it transformed to OSI Industries or OSI Group, LLC. From the time of its inception, OSI food manufacturer and supplier has managed to maintain its unrelenting commitment to support the success of its clients.
It is this dedication towards the success of its clients that OSI Group, LLC has always received recognition as the leading food provider from top global brands. For instance, it appeared at position 58 of the Forbes’ list of America’s Largest Private Companies. The Forbes’ 2016 list contains companies whose most recent revenues (2015 fiscal year) exceeded $2 billion. Another eligibility criterion was for the companies not to have too many shareholders as to warrant a need for the filing of financial statements with the SEC. Firms whose ownership of shares is restricted to a group of individuals say family members or employees qualified for analysis. Foreign firms, those that do not pay income tax, mutually owned companies and those with less than a hundred employees were left out.
Acquiring Baho Food
Towards the end of 2016, OSI Group acquired Baho Food, which operates five subsidiaries serving clients in almost 18 European countries. The Dutch manufacturer of deli meat, snacks, and other foods of convenience has processing plants in Germany and Netherlands. This acquisition came at a time when OSI group was looking forward to broadening its presence in Europe. Another reason that advanced the acquisition decision is the fact that the brand and product portfolio of Baho matches with OSI’s processing capacity.