OSI Food Solutions Spreads Across the Globe
OSI Food Solutions is one of the top processors of meat products in the world. OSI is responsible for providing product to some of the biggest food service businesses on the planet. The company that started off as a local butcher shop in Chicago has quickly become one of the major forces in the foodservice industry.
OSI Food Solutions has been exploding recently. The business has been earning its spot on the Top 100 Food Companies, and certainly earns its spot on the Forbes list of most profitable private companies. OSI is seeing sales in excess of $7.1 billion, and it is using this money to make solid acquisitions and upgrade facilities across the board. OSI Food Solutions has grown and grown fast. Let’s take a look at its recent factory expansion alone.
To start, in 2010 OSI Food Solutions opened a production facility in Japan which would see it increase its ranks in Asia. Two years later, a facility opened in India with another one to follow in the same year. In 2013, another plant opened in China, which would become one of a few specialty dough lines that OSI uses to service the likes of Subway. The year before, they opened a facility in China for use of poultry.
In Europe factories are exploding in the same was as Asia. One opened in Ostroda, Poland in 2013. But, factories aren’t the interesting thing happen in Europe with OSI. That would be the acquisitions in Baho Foods, Flagship Europe, and Hynek Schlachthof. These three major acquisitions saw OSI grow their food portfolio in spades as well as helped them better adapt to a growing market.
The first of these, Baho Foods, is a Dutch manufacturer of deli meats and convenience snacks. The fact that Baho Foods is headquarters in the Netherlands, also helps OSI spread their reach across Europe. The acquisition of Flagship Europe — now Creative Foods — similarly helps OSI expand their reach in the United Kingdom as well as adding a ton of pies, poultry, sauces, and sandwich filling products. The last one, Hynek Schlaschthof, is a little different. Having access and connections to local butchers and farmers. Hynek has this in Germany. Being able to purchase these connections is vital to the success of a company wanting to expand globally.
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