The food industry is one of the delicate and sensitive industries in the world. The quality of competition in existence is fairly high and all leading brands have to set the bar higher each day. The OSI Group is one of the leading global food brands that dictate the market. Created in 1909 in the US by Otto Kolschowsky, the company has grown from a simple meat shop to a global brand. The group has branches in over 65 locations worldwide. The journey has been great and here are the highlights:
1. Geographical Growth
In 1955, the company earned a tender opportunity with the MacDonald Group. They were to supply hamburger, and this necessitated the establishment of a special firm purposed to supply the MacDonald. In 1970, the current CEO, Sheldon Lavin, came on board as an active partner. In the 1980s, under the leadership of Sheldon, the organization opened branches in Germany, Brazil, Austria, Spain, and Taiwan. By the 90s, there were branches in Mexico and the USA. In 2010, the group had established in India and Canada.
2. Partnership and Acquisition
In 2014, OSI Group partnered with Pickstock Group in the UK. The venture allowed the group to enlarge its beef market in the UK and the rest of Europe. In 2016, the company acquired Tyson plant at a price of $74 million. The plant has been important for the company’s growth. In the same year, OSI GROP partnered with Baho Food, a global food brand. The association enabled OSI to enjoy food control rights in Europe. Other notable partnerships that company has entered into recently include the 2016 Flagships Europe and Hynek Group.
3. Determined and Dedicated Leadership
When Sheldon Lavin came to OSI, he purposed to transform the company. Having previous experience in the banking sector, the CEO is part of the reason why OSI is this successful and popular. He is determined on enforcing need for green technology and sustainable food.
The pace setting food group is a force to reckon in the industry. The success of the group is attributed to partnerships and wise acquisition. The goal of the company is to be a leading global food industry and they are on course to achieve this.
OSI Group Info: www.foodworks.pl/en/osi-group-en.html