The foodservice industry is more than just the production of foods. This industry is composed of multiple sectors whether it’s in the office, or it’s in the field. OSI Group has demonstrated foodservice excellence in a number of ways. This wholesale-food provider is one of the biggest privately owned companies in America, and it is worth billions. In 2011, OSI Group earned just over $3 billion, and it was ranked by Forbes at the 136th position. By 2016, the company had moved-up the list to the 58th position as it generated more than $6 billion. OSI Group’s quest started from humble beginnings back in the early 1900s, but as of today, it is a confident foodservice enterprise.
Business acquisitions are very important to any company that’s seeking growth. In most cases, a company has to acquire stake in other companies that share the same perspective. By doing so, a company can expand on its interests in a more efficient way. OSI Group epitomizes the term acquisition because it has completed its fair share of acquisitions over the past few years. In 2016, OSI acquired stake in the private-Dutch company BAHO Food. This specific foodservice provider has a huge presence in Europe, especially in Germany and in the Netherlands. It produces a wide range of deli meats, snacks and convenience foods. David G. McDonald, president of OSI Group, stated that “this merger has broadened the company’s presence in Europe.” BAHO Food’s portfolio matches that of OSI’s and this combination will be able to better serve its customers on a grand scale.
OSI Group has also acquired a 200,000 square-foot facility in Chicago that was owned by the prominent Tyson Food Plant. This particular acquisition cost an estimated $7.4 million. As you can see, OSI is always looking to improve on its services. Progressive thinking like this is why it has grown at such an astounding rate and that speaks volumes.
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In a move to advance the success of their business long term OSI is now boosting its production of chicken. This move comes off their recent efforts to find ways to help expand the production of protein in an effort to maintain their status. That’s why the efforts of this company are so important. They are the reason we can enjoy the fast food we love. There are plenty of people who like this and want to see it continue. They are the reason this decision was even made in the first place and why OSI has grown so large.
The chicken production is going to help them keep their title as the most prolific provider of protein in the world. This status is hard to keep up and means they need to look for ways to up production whenever possible. The latest move is just one example of this at work. They have done so much in so little time it’s not a surprise that they’ve gotten as far as they have so quickly and with such little effort. There is a genius in the strategy of OSI that they aren’t afraid to use when they know it has benefits.
There are plenty of ways that the work of OSI Food will change what we think about fast food. This isn’t something that happens every day and it’s something that you have to appreciate to fully understand. They are a force to be reckoned with and they have done something other food processing companies can’t even dream about. This move is just the latest example and it’s changing so much of what people normally think about food processing. They are truly the leaders of a new movement and they haven’t even started to work on it. The future looks bright for this company.
The reason that we’ve seen so many people get so far in this industry is because they refuse to let anything stop them. Food processors have to handle so many things at once in order to make sure they get things right. Since OSI Food Solutions needs more chicken they have decided to do what they need to get that. We’re going to see more of it as time goes by and the world takes to their strategy. OSI has been around for more than a hundred years because of what it has managed to do.
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