The Forbes list ranks OSI Group as one of the largest companies in the world. The company started as a small boutique firm in Chicago. At that moment, Otto Kolschowsky had just moved to the town with a group of German immigrants. The city was described as a business hub. Most business professionals took advantage of the demand that needed to be met by supply thereby starting their businesses. Otto decided to introduce his sons to the industry. The company became Otto & Sons.
Over the years, it adopted technology and managed to supply its products to more than 2,000 clients in the same area. At the same time, Kolschowksy decided to expand the business by moving it to Maywood, one of Chicago’s prolific suburbs. Since 1909, the company has maintained a high profile of product manufacturing and supply.
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Otto & Sons rebranded to OSI Group, and Sheldon Lavin bought most of the firm’s shares. Today, he is the head of the company and has helped it develop into an international food provider. Perhaps OSI’s recent businesses have also contributed to its prominence. The following acquisitions have been made so far.
In 2017, OSI Industries purchased Tyson Foods, a manufacturing plant situated in Chicago. The 200,000 square feet plant provides room for the company to increase its production capacity for North Americans. Given that OSI Industries has a facility within the same area, the move has majorly contributed to the expansion of production capabilities. The new facility will also meet the area’s growing demand thereby satisfying the people’s needs. According to the firm’s spokesperson, the facility will support this growing demand.
Flagship Europe Acquisition
In 2016, OSI Industries acquired Flagship Europe. The facility distributes pies, frozen poultry, and dressings. Soon after the acquisition, the company was rebranded to Creative Foods Europe in order to describe its capabilities to produce high-quality food. Before the purchase, the facility expanded its presence to by acquiring Calder Foods. This facility supplies sandwich fillings as well as dips. OSI Group’s spokesperson said that the additional facility would help grow the production capacity of the firm.
One of OSI Industries facility is situated in Toledo. The company put its resources in a production facility to boost poultry output. The facility’s initial output was approximately 12,000 tons. The addition makes it possible for it to produce about 24,000 tons every year.