The OSI Group, One of the Largest Private Companies in the United States
The OSI Group is one of the largest meat products producers and suppliers in the world. The company started off as the Otto & Sons and eventually merged with the McDonalds and became a team to build a better and powerful business empire. The business is headquartered in Illinois, and since its inception, it has been trying to increase its presence in the global marketplace.
The company has been under the leadership of Sheldon Lavin, as the chief executive officer since 1975. Sheldon has been the key player in the company’s success and transformation. He works closely with all his employees and treats all workers with respect. David McDonald who is the chief operating officer of the company has led the company into new manufacturing innovations that have enhanced the production capabilities. The OSI Group currently operates in more than 17 countries, with more than 65 subsidiaries. Its extensive operations have created employment for more than 20,000 people. The meat processing company was recently listed among the top 100 private companies in the United States by Forbes. They have won various awards for their environmental management causes like the Globe of Honour Award by the British Safety Council. Another ecological recognition was from the North America Meat Institute.
Through joint ventures and mergers, the business grew from a local meat retailer butcher to a world-class meat processor. The company has been thriving through a series of acquisitions and joint ventures since its founding. One of the first acquisitions was made in 2006 when the firm made a move to acquire the Amick Farms, a poultry company based in the eastern United States. Another significant step was in 2016 when Sheldon Lavin led the company in the acquisition of Baho Foods. Baho Foods was a Dutch-based food and meat processor which also operated in Germany.
The OSI Group also purchased the Flagship Europe, a food processing company based in the United Kingdom. The most recent activity was the purchase of the Hynek Schlachthof GmbH, a Germany based company. All these acquisitions affected the company’s Europe market positively leading to an establishment of its new offices in Gershfen, Germany. In seeking to grow its profits, the OSI Group launched a multi-million project in Spain to increase its manufacturing capabilities as a result of increased demand for poultry products in Spain. The project was successful, and the company doubled its productions from 12,000 tons to 24,000 tons in a year.