Category Archives: Food Business

OSI Group Reaches Its 2016 Goals Of Expansion Through Multiple Acquisitions

Headquartered in Aurora, IL is one the largest private companies in America to produce processed and fresh meats and vegetables products. OSI Group LLC set high goals for 2016 to expand its products and services. The meat processor solutions provider closed three acquisition transactions last year for a Chicago plant, Baho Food, and Flagship Europe.

OSI Group was established in 1909 as a family-owned meat market providing fresh meat, and eventually, expanded to wholesale trade. Its growth for over a century is remarkable starting as a small-town business and expanding throughout the United States, Europe, and Asia Pacific.

OSI Group purchased a plant formerly owned by Tyson Food in Chicago, in mid-2016. The facility is an estimated 200,000 square-feet building, which will support continuous business growth of the local plant. After the closing of the plant acquisition transaction, another deal was closed for OSI to purchase Baho Food, in August 2016. The company is a Dutch manufacturer of snacks, deli meats, and convenience foods in Europe. OSI acquired its subsidiaries, including Vital Convenience, Bakx Foods, Q Smart Life, Gelderland Frischwaren, and Henri van de Bilt.

Flagship Europe, a United Kingdom foodservice provider is the company’s latest acquisition to close at the end of last year. The acquisition places Flagship Europe in the position to expand globally into markets, while OSI develops further presence in European countries. All the assets purchased in 2016 are for OSI Group’s growth and to enhance its strong brands and products portfolio.

More information about OSI Group, click here.