The past five years the focus of OSI Industries has been the expansion of foreign and domestic fields. From the time Sheldon Lavin joined the company in 1970s he has been leading the company to gain expansion all over the globe. That’s has been the reason why OSI Industries has been making so many purchases. The new acquisitions and investments will get the boost of the company to another level.
In 2017, OSI purchased the Tyson Food plant that’s based in Chicago. The space that the company owns is 200,000 square feet which means that OSI will have enough space to offer the best for its North American customers. They still own another facility nearby, but the addition of the Tyson Food plant will help meet the demand that’s fast growing. Although the design of the plant is for poultry products production, OSI Industries have the necessary means to produce different types of food that they wish.
Flagship Europe acquisition
To increase their reach in the United Kingdom and parts of Europe in December 2016 OSI acquired Flagship Europe. Flagship Europe they distributed food like frozen poultry, sauces, pies, and dressings. Recently, they had changed their name to Creative Foods Europe so that they can better describe themselves. The acquisition of the company has been helpful because for OSI Industry they will be able to get the presence in a new a territory in Europe.
Baho Food acquisition
Baho Food deals with the production of meats and snack foods. They offer their services to the industries located in Germany and the Netherlands. The reason why OSI Industries acquired the company was so that they would reach the people in the Netherlands. The spokesman at OSI Industry said the acquisition of Baho would be helpful in strengthening the supply of the foods and it will help with meeting the evolving needs of clients. Baho Food apart from the Netherlands and German subsidiaries, it has maintained a presence in 18 European countries.
One of OSI Industry plant is located in Toledo, Spain. The reason why OSI took on this expansion is so that it boosts poultry production, which is the locations main product supply. In Spain, before the development, the output was 12,000 tons of poultry every year, and the new expansion will give OSI Industry the opportunity of producing 24,000 tons a year. The increase will be of 45,000 tons production of chicken products, beef, and pork.
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