OSI Group is one of the Food and Beverage sector’s most profitable enterprises. The company was formed in 1909, and it has strived to reach a broad market. Its main offices are located in Aurora, Illinois. OSI has been successful since it is considered as the 66th top enterprise in the industry. The Forbes Magazine also acknowledged its progress and listed it among the world’s top 100 companies the firm has been offering a broad array of commodities to satisfy the needs of the clients. They include hot dogs, meat patties, vegetable derivatives, pizza, bacon, fish, and poultry.
OSI Group has successfully grown into a multinational enterprise over the years and has more than 20,000 employees. The rapid progress has been due to a competent administration. Its current CEO is Sheldon Lavin. He has been renowned for being an outstanding manager and was recognized by the Vision World Academy for his exceptional performance. Mr. Lavin is also skilled in finance since he worked in the sector for a couple of years. His dedication has enabled the firm to make billions of dollars. It has also grown to 16 countries and has developed more than 60 factories.
OSI Group’s profitability has also been facilitated by its desire to fulfill the varying needs of its clients and to access international markets. The enterprise lately acquired a Dutch company that is known as Baho Foods. The firm has a huge European market, and OSI believes that is will be crucial in its growth into the Europe. The main products that the company has specialized in processing are portable food and snacks. OSI did not offer much financial information about the acquisition to the public since it is a private enterprise. The firm’s president hopes that acquiring Baho Food will be essential in broadening its product portfolio and also increasing its ability to satisfy clients.
Baho Food’s manufacturing plants are based in Germany and Netherlands. The firm is made up of five main branches, which are Henri van de Bilt, Q Smart Life, Gelderland Frischwaren, Vital Convenience, and Bakx Foods. These factories at sell their products in about 18 nations in Europe. Baho Food’s managing director and other top employees were hired to join OSI Group’s executive management. They will be essential in ensuring that the firm runs efficiently. The purchase will increase the commodities and brands that are manufactured by the company.