Food, drinks and tobacco, just to name a few, these are some of the products that OSI has managed to specialize with in the last 100 years. Other than just been a food company, OSI group is a potential employer. The firm employs over 20,000 people worldwide. The acting chairman and chief executive officer of the OSI Group is a guy called Sheldon Lavin. On the other hand, the current chief financial officer is Sherry DeMaulenaere. The company has been in operation since the year 1909 and is still based in the city it was founded. It still operates from Aurora, Illinois.
During the last financial year, OSI Group recorded an annual revenue of $6.1 billion. This is according to the Forbes who also ranked the company as the 58th largest privately held company in the world. OSI has a rich history as it was started by a German immigrant called Otto Kolschowsky. He began the company as a family meat market several years after he had arrived from Germany.
Many years later, OSI Group caught the attention of McDonald’s when they became the firm’s sole meat supplier. They were overwhelmed by the job such that it became their daily activity to supply meat to McDonald’s. Since then, the company has never looked back and has continued to expand worldwide. Recently, the company managed to acquire Baho food as part of its global expansion. Baho food is a Dutch company that specializes in convenience foods as well as snacks. During this acquisition, the financial terms of this deal remained hidden. OSI also agreed that it would retain all the employees and the management team of Baho group would also remain in operation. As per this deal, OSI will acquire all the five subsidiaries of Baho food that include Vital Convenience, Q Smart Life, Gelderland Frischwaren as well as Henri van de Bilt and Bakx Foods.
OSI Group has plants and operational bases around the world. The plants that are found in the USA include those in Geneva and West Chicago, Fort Atkinson in Wisconsin as well as Oakland in Iowa, Riverside, California and West Jordan, Utah. Some of the products that the firm specializes in include Pizza, Poultry, bacon, meat patties, and vegetables. The firm also specializes in dough products.