OSI Food Solutions is a private corporation. They currently have over sixty different manufacturing facilities around the world and have a presence in seventeen different countries. One of their most recent acquisitions was a Chicago, Illinois based processing plant and storage facility. The facility was previously owned by Tyson and manufactured a lot of their ready-to-eat food products. No information is available about the financial side of the deal and it is unclear as to what kind of production will take place in the facility. When asked why they acquired it, an OSI representative stated that they needed to meet the growing demands of their customers and to expand their company. OSI Food Solutions is headquartered in Aurora, Illinois. This puts their new facility within relatively close proximity to their headquarters. Only time will tell what is being produced within the facility and why the Chicago based plant was the right choice to purchase.
Apart from recently acquiring the above-mentioned production plant from Tyson, OSI Food Solutions has also acquired Baho Foods. Baho Foods is a prominent Dutch food production company and specializes in deli meat, snacks, and ready-to-eat foods. They deal with both the food service and retail industries. Neither OSI Food Solutions or Baho Foods has disclosed information about the financial terms of the acquisition, but the owners of each company have expressed confidence and joy in working together as one merged company. The leading members of Baho are being kept within the company and retaining their jobs. When asked why OSI Food Solutions made the acquisition, an OSI representative stated that the company purchased Baho Foods in an attempt to gain a larger presence in Europe. To know more about the company click here.
OSI is a rapidly growing company and is frequently making intelligent acquisitions to grow their company into a global corporation. With these acquisitions comes a larger demand for their products. Among many others, OSI distributes meat products to McDonald’s, Papa John’s Pizza, and Burger King. In general, chicken consumption has been on a major rise. By supplying such large food chains with their poultry products, OSI has had to double their production of chicken. They create products such as chicken patties, chicken nuggets, and other pre-cooked chicken products for these companies and many more. OSI is confident that their company can meet the demands of such a large client base and their decision to double production shows that. At the moment the majority of their chicken products are created in their Chinese locations.