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A Look At OSI Industries Growth Both Home And Abroad

April 16, 2018 by Tagged with:
Posted in: BusinessFood Industry

OSI Industries, LLC, is a meat processor based in Aurora, IL. This privately held company is international in scope and in the past few years one of their main focuses have been on expanding in Europe. They have both clients in both the retail and food service industries. Due to the size of this company they are able to offer both the infrastructure and financial resources to provide their client’s with the certainty that they will deliver on their promises. They offer their clients the ability to source, produce, and deliver processed food items to anywhere it is needed in the world.

In order to better provide its existing clients and pick up some new ones OSI Industries bought the Netherland’s Baho Foods in August 2016. This was a privately held company with food processing plants in both the Netherlands and Germany. At the time of this purchase, Baho Foods had been founded 60 years prior and they owned five other companies including Gelderland Frischwaren, Henri van de Bilt, Q Smart Life, Vital Convenience, and Bakx Foods. Their food is available in 18 European nations and since that time OSI Industries has expanded this into additional countries.

After this acquisition by OSI Industries the management team and staff of Baho Foods stayed in place. This included John Balvers who remains as the managing director of Baho Foods. He said he was gratified that his company would become a part of something bigger and he appreciated that OSI Industries has great relations with both their suppliers and clients. He felt the strengths of OSI Industries and Baho Foods combined would be able to better meet their customer’s needs and accelerate the growth of Baho Foods.

Meanwhile back at home, OSI Industries has also expanded its American operations in 2016. This includes buying a food plant which Tyson Foods was planning on shuttering in Chicago. At the time Tyson Foods said that the job loss was going to be 480 employees and the plant was to be shut down on October 1, 2016.

OSI Industries and Tyson Foods ended up coming to an agreement where OSI Industries bought this plant for $7.4 million. When the deal was signed in June of that year around 250 people remained employed at this plant. OSI Industries offered jobs to most of these people. This plant is located near other OSI Industries food processing plants which helps to increase efficiency.

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