OSI Group, LLC is a privately held company that was first established in 1909. For years it was known as Otto & Sons before taking on its current name in the mid-1970’s. It is now wholly owned by Sheldon Lavin who is the company’s CEO and Chairman.
At OSI Group they process a large range of different types of food that are sold in fast food restaurants around the globe. They create processed meat, turkey, chicken, and seafood. They also process fruits and vegetables as well as things like sauces, dressings, and marinades as well as dough products and pizza. They have about 70 processing plants located in 17 countries around the world.
Before Sheldon Lavin arrived at OSI Group the company was mostly known for being one of the main suppliers of beef to Mcdonald’s Corporation. He built it into a company that expanded throughout the America’s, Europe in the early 1980’s, and Asia from the late 1980’s on to today. They have expanded organically as well as by buying other food processing companies.
Among the company’s acquisitions was that of the Dutch company Baho Foods in mid-2016. By buying this company OSI Group attained a larger presence in the countries that Baho Foods was already in which included countries in both Western and Eastern Europe. The purchase also included five food processing plants located in both the Netherlands and Germany.
In late 2016, OSI Group bought the UK food processing company Flagship Europe. This gave OSI Group access to that company’s customers as well as their products which complimented what OSI Group provides. When talking about the purchase of both Baho Foods and Flagship Europe, the President and COO of OSI Group, David McDonald, stated that they both gave his company a broader European presence as well as a strengthening of OSI Group’s ability to meet their customer’s evolving needs.
Today OSI Group brings in about $6.1 billion a year in revenue making it one of the largest private companies in the world. They have over 20,000 employees and supply many of the biggest global restaurant chains.