Acqusitions and an Award for OSI Food Solutions
OSI Food Solutions has been having a lot of success in recent years, including several notable business acquisitions and an environmental award granted by the British Safety Council.
An American food processing company headquartered in Aurora, Illinois, OSI Food Solutions currently operates 65 different facilities in 17 countries around the world. It actually grew out of Otto & Sons, the meat supplier of the original McDonald’s restaurant in Des Plaines. These days the company employs about 20,000 people and still focuses mostly on meat products, though not exclusively.
The last few years have seen a lot of growth for OSI Food Solutions. First, in 2016 it acquired a warehouse and meat processing plant in Chicago; it had previously belonged to Tyson Foods, which closed it in 2015 for efficiency issues. The cost of the purchase was $7.4 million. That same year also saw the company gain a controlling share of Baho Food and Flagship Europe, the latter of which is part of the Flagship Food Group.
Both of these companies are active in Europe and thus represent a major expansion of OSI Food Solutions’ international reach. Baho Food has five subsidiaries and, like its new parent company, focuses on making meat products to be sold in both retail and food service; its plants are located throughout Germany and the Netherlands. Flagship Europe has also traditionally focused on meat products, but also purchased Oasis Foods back in 2010, which produces condiments like mayonnaise, dips, sauces and dressings. Flagship Europe also owns Oliver James Foods, Tabasco and Go On!
In another piece of interesting news, the United Kingdom’s branch of OSI Food Solutions was granted the prestigious Globe of Honour Award. This prize is given each year by the British Safety Council in recognition of work to protect the environment; groups that qualify must achieve the maximum five stars awarded by the BSC’s environmental management audit. The company was one of 18 organizations to be awarded the Globe of Honour Award in 2016.
“Leadership is a key factor in achieving excellence,” said the Chief Executive of the British Safety Council, Mike Robinson. “You can legislate for compliance, but you have to inspire people towards excellence.”
With all this in mind, it is clear that OSI Food Solutions has been on the rise recently, and is likely to continue on this track in the years to come.