The Acquisition of Rose Packaging Co. By The OSI Group
OSI is commonly known as OSI Industries or OSI Food Solutions. The firm has been in operation for over 100 years making it one of the most successful and old enterprises in the global food processing industry. Since establishment, OSI Food Solutions had established itself as a household brand and as a trusted supplier of processed food products to firms such as McDonald’s. The OSI Group has made it public that it has completed the acquisition of a Barrington, Illinois- based firm that is a leading producer of a variety of pork products for both the retail and service industries. Despite making it known to the public that the firm has finished the acquisition of Rose Packaging, the financial details revolving around the transactions were not made available to the public. The Rose Packaging Co. has been in operation since its establishment in 1924.
Rose Packaging currently has more than 700 members of staff while having its production facility in the state of Chicago. Some of the food products developed by Rose Packaging CO. include hams, breakfast sausages, Canadian bacon, ethnic sausages, Guinness beer brats, burgers, meatballs, boneless turkey, pork shoulder, loins, chops, pizza, and delicious salad toppings. According to the senior executive vice president of OSI operations on North America, Kevin Scott, the acquisition of Rose Packaging Co. by the OSI Group will be bringing together two of the respected heavyweights in the processed foods industry.
The purchase of Rose Packaging by OSI serves to increase OSI Food Solution’s processing capabilities. An additional food processing capacity and the expected spike in sales are some of the benefits of the acquisition of Rose Packaging by the OSI Group. Both the OSI Food Solutions and Rose Packaging Co. are committed to offering their clients with unique and unrivalled tailor-made solutions that are innovative. Senior executives from the OSI Group and Rose Packaging Co. believe that the recent acquisition of Rose Packaging by OSI will be an ideal fit since the two firms share a strong will to excel while the two firms are also aware of the importance of having strong business ties.
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