The OSI Group is a food processing industry currently conducting business in about 5 continents. The food solutions company started off as a butcher shop and a marketplace. OSI is a brainchild of the Otto family. The Otto family was an immigrant family that moved into the US from Germany and settled in Chicago. The family saw an opportunity in the meat business and took the bull by its horns. The company would later expand its operations to a fully pledged food processing company with mergers in almost every single continent on the globe today.
The company has been in the forefront of working towards having a cleaner planet. Their operations have been geared towards a greener planet. The company hasn’t been in any legal tussles with any government in the world, matters environmental pollution. In the year 2016, the British council recognized the OSI group’s continued efforts and awarded them an award alongside 18 other companies globally. Such recognition is not a mean feat and has been very instrumental in improving the company’s image. The awarding ceremony was conducted in London after a one-year intensive review into the activities of the company. On the company’s part, the CEO noted that the company would remain committed towards the green environment initiative.
OSI group is also very much interested in expanding food processing facilities to other parts of the world. Considering the fact that food is quite diverse and different cultures have different tastes, the OSI group has taken it upon themselves to merge with local companies. Merging with local companies is the only way that the OSI can successfully venture into new markets in different continents. OSI Group acquires Baho Food.
As part, the group has been very much interested in venturing into the European market. This might be the sole reason why OSI group moved very quickly and acquired Baho foods. Baho foods is a Dutch food processing company that operates in two countries. Baho operates in the Netherlands and Germany and has a well-established network both countries.
Another acquisition that has been very notable is the acquisition of the Tyson Foods Company. The Tyson food company closed its doors a few years ago. The company had however established a very good infrastructure and thus was a very meaningful resource to OSI.
There have been many more acquisitions in Asia and China too. OSI food solutions has also done some mergers in Australia as well. The Turi Company Acquisition in Australia is also a notable acquisition in the year 2016.