OSI Group is one of the leading and largest private companies in the world. Under the leadership of Sheldon Lavin and Sherry Demeulenaere, CEO and chief financial officer respectively, OSI Group has achieved great success.
Presently, OSI Group has an amazing employee base of more than 20,000 people working around the world. Furthermore, it has a revenue worth of $1 billion and majorly specializes in food, drinks and tobacco. OSI Group was established in 1909 and has managed to maintain its main offices in Aurora, Illinois. Apart from the corporate headquarters, it has several plants in distinct parts of the United States and the globe. These locations include Oakland in Lowe, West Jordan in Utah and Fort Atkinson, Wisconsin.
Acquisition of Baho Food
Few months ago, OSI Group was able to acquire a Dutch firm widely known as Baho Food. Initially, this company focused on deli meats, convenience foods as well as deli meats. OSI Group acquired Baho Food with an end goal of increasing its business presence in Europe. To clearly understand what the acquisition means to OSI Group it is vital to realize that the Dutch company, Baho Food, has five successful subsidiaries in two countries. Furthermore, it used to operate in Netherlands and Germany before the official acquisition, and its five affiliates were Vital Convenience, Henri Van de Bilt, Bakx Foods Gelderland foods, Frischwaren and Q Smart Life.
Despite this major acquisition, OSI Group looks forward to working with most of the employees from Baho Food with an aim to make the company more successful both nationwide and internationally. This acquisition will enable it maintain good relationships with clients all over the world. This firm produces a wide range of products including dough products, vegetable products, bacon poultry, fish and meat patties. OSI Group is widely known as the largest meat supplier for most western food firms operating particularly in china and Asia. Some of the firms that OSI Group supplies meat to include Starbucks, Pizza Hut, Papa John’s Pizza and Subway among others.
This company has had lots of achievements over the years. It received a Globe of Honor Award recently following its ability to maintain high status in health, environmental management and safety while managing the business. For a company to win this award, judges keenly review the company’s track record in three main areas namely safety, health status and environmental management. By ensuring all processing plants strictly adhere to environmental and safety standards, OSI Group has proved to deserve the 2016 Sword of Honor award.