OSI Industries Once Again Poised For Stunning Growth
It’s common knowledge that just to be named on Forbes’ list of largest privately owned companies in the United States, is OSI Group impressive achievement. However, when a company goes from a 136 number ranking with $3 billion in 2011 revenues to a 56 number ranking in Forbes’ list with $6.1 billion in revenues in 2016, something must be up.
One of America’s Top 100 Privately Owned Companies
Established over 100 years ago, the privately owned OSI Group, an American privately owned company of meat processors, serves more than 17 countries with 65 facilities worldwide and a total employee base of more than 20,000 people.
Operating out of its international headquarters in Aurora, Illinois, it’s now the foremost supplier of global value-added food products found in many leading food server and retail food distribution centers.
As of late, the OSI Group has also been a meat supplier to other western fast food chains throughout Asia, including Subway, Starbucks, Papa John’s Pizza and Pizza Hut.
Among OSI Industries’ product lines, there’re included meat patties, smoked bacon, frankfurters, pizza, fish items, pork, poultry, vegetable, dough or bread products in general.
Aggressive Acquisition Moves Adds To A Winning Strategy
Among the many attributes of a stellar performance as a privately owned company, the OSI Group has made fairly recent strides in dominating the lucrative and expanding food industry market.
Take for instance, the acquisitions of three primary food companies with OSI Industries being the major stockholder: Baho, Tyson and Flagship Europe to learn more: http://www.careerbuilder.com/company/osi-group/CHV17N5WK6NZKBLHF7B click here.
Baho Food Industries:
A Dutch manufacturer of convenience foods and other retail items, the Baho acquisition was a major move by the OSI Group. Although the final purchase price was not disclosed, Baho has five subsidiaries with German processing plants and in the Netherlands as well. As such, these five companies currently serve over 18 European countries.
Consisting in an acquisition that primarily focused on the Tyson Food Plant, the purchase price in 2016, came in for approximately for $7.4 million.
Having recently purchased Calder Foods, Flagship Europe made a most attractive investment for the OSI Group. As a leading supplier of products across the UK, the OSI Group is now poised to be the major supplier of sandwich items, sauces and condiments in general.