OSI Group is one of the largest suppliers of processed food in the world and has rapidly grown to its current position in the industry. The company operates in more than 15 nations and has established more than 65 facilities that are served by over 20,000 employees from different parts of the world. OSI Group earns global reputation, strength, and responsiveness from partnering with strategic partners in the industry. The company enjoys economies of scale benefits and thus can access food supply chains from different parts of the world allowing them to acquire the most superior commodities at a good price. Having the best commodities allows the company to provide customers with the best products and services, which means they match the culinary profiles of their clientele base. OSI’s products are renowned for their ability to satisfy the diverse tastes of clients and at the same time maintain safety.
Many people wonder how OSI Group has managed to rise to a top rank in the industry within a very short time, but one main technique they have used for growth is investing in acquisitions. OSI Group has acquired, merged and entered into joint venture arrangements with different food businesses, warehouses, processing plants, farms, and poultry processing firms. Their main focus in doing all this is to become a premier global food processor through the establishment of facilities in Europe, North America, Asia and other parts of the world. So far the company has managed to establish several facilities in the United States, China, India, Australia, some parts of Europe and a joint venture in the Philippines.
OSI’s recent establishment was a chicken processing facility in Toledo Spain whereby they invested €17 million. With this processing plant, the company is expected to double production capacity from 12,000 tons to 24,000 tons of chicken products. This kind of improvement translates to an increase in total productivity of pork, beef, and chicken products to 45,000 tons and increased workforce from 140 to 160 people. OSI Group had overseen the increased demand for chicken products, and the new facility in Toledo will help the company meet this demand and in the process improve revenues.
Between the year 2016 and 2017, OSI invested in several acquisitions in the pursuit of local and international growth. These acquisitions include Baho foods, a Dutch company dealing with snacks, deli meats, and other convenience foods. The company also acquired Creative Foods Europe previously known as Flagship Europe and is a company that deals with frozen poultry, sous vide products and different kinds of dressings and sauces. OSI Group purchased Chicago food processing facility previously known as Tyson food plant, and in the year 2017, they invested in a new facility as a joint venture business namely GenOSI in the Philippines. The management says that the current pattern of acquisitions is expected to lead the company into steady growth.