Started over 100 years ago, OSI industries has reported persistent growth in all its fields of operation, characterized by its continuously burgeoning size. This transition has seen it evolve from a stand-alone corner butcher shop on the outskirts of Chicago in 1908 to a family-owned meat distribution company and the eventual meat processing and distribution giant it has become.
To achieve this fete that saw it feature among the top meat distribution companies in the world, the OSI management has made several acquisitions to complement their processing facilities. Some of the most impactful acquisitions include:
Moy Park and Amick farms
The turn of the millennium saw OSI Industries speed up its expansion and diversification program, a Sheldon Lavin’s brainchild started in the 1970s. This program would see the company shift its attention towards poultry meat and informed its decision to acquire the European based Moy Park Company in 2000. A breakthrough in the poultry industry would, however, come through in 2006 when the meat processor acquired the vertically integrated Amick Farms located on the East Coast.
With an increased demand for OSI Industries products in the country, the Sheldon led outfit sought to expand its operation with the acquisition of Tyson Foods. According to the company management, the Chicago based food processing plant helped the brand boost its processing capacity while opening up new growth opportunities and creating room for product diversification.
Traditionally, OSI Industries concentrated in building new processing facilities from down-up whenever they sought to expand their global market. This made expansion quite expensive and painstakingly slow. Sheldon Lavin sought to change this by recommending brand acquisitions as an alternative.
The new strategy would have maximum effect in Europe with the acquisition of such food processing companies as Baho Foods that operates in Netherlands and Germany. The brand specializes in processing meat and other food products and was, therefore, an easy target considering that its processes aligned with OSI’s expansion and diversification agenda.
After establishing solid footholds on the North American and European meat markets, OSI Industries sought to make a mark in Australia. The move culminated in a merger between OSI Australia and the poultry meat specialist Turi Foods to form the larger Turosi Pty Ltd.
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