OSI Group, the biggest privately owned food company in the world, has been on a streak of expansion measures. The company which is led by CEO Sheldon Lavin has been taking its business operations to all parts of the world. From the domestic market to the global arena, the company has been taking measures that will boost its activities more so production of food products since there is more and more demand for its food products. David McDonald is the president of the company and another executive who has worked closely with Sheldon to facilities growth of the business. The two executives are experienced on running a business, and their combination has been significant for the growth of the market.
OSI Group has in the past three years made a number of expansion measures which has placed it in a better position to take control of markets it previously did not have any meaningful impact on. It has focused its eyes on Europe. It has made two key acquisitions which will help it take over the European market. It started with the acquisition of the U.K’s Flagship Europe. OSI Group buys former Tyson Foods plant in Chicago. With this acquisition, it is hoping to penetrate the European market better and make its impact felt by other companies. It will also boost the growth of Flagship Europe which has since then been renamed “creative Foods.”
Another acquisition is that of Baho Food. This is a Dutch company that has subsidiaries in 14 countries in Europe. By working together with this company, OSI Group is hoping to make an entry into the European market. Baho Foods is one of the largest food companies in Europe. OSI seems determined to change the market by taking their products to these areas.
Another improvement that has been made by OSI Group is the expansion of the OSI Food Solutions plant located in Spain. The expansion has been in anticipation of future growth in demand for food products more so chicken products. The facility will now double production of chicken products. Demand for chicken products is expected to go up in the next few years. Already there has been consistent growth in the company for the past one decade.
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