OSI Group is a corporation in the meat processing industry. It is a supplier to the food service and retail industry. 2016 was a good year for OSI as they experienced steady growth and won some accolades.
OSI Grup were awarded a Globe of Honor Award from the British Safety Council in November. They were presented with the award because of the way they handled environmental risks. OSI was among seventeen other organizations that received the award last year. OSI had also won the award in 2013 and 2015. OSI Group completed the purchase of a former Tyson Foods plant in the Chicago area last June. The company bought the facility for $7.4 million. Tyson Foods had announced that 480 people would lose their jobs when the facility shuts down permanently.
There were 250 employees left at the time that OSI bought the plant. The group offered many of them employment. OSI stated that they bought the plant because it was close to other facilities that the company maintained in the area. The new facility would help employees to serve the needs of their customers better since it provided infrastructure to support the future growth of the company.
OSI Group announced that they had acquired Baho Food in August last year. This is a Dutch manufacturer of food and snacks. Baho Foods serves customers in nearly 20 countries in Europe and has processing plants in Holland and Germany. David McDonald is the president of OSI Group. He said that the acquisition of Baho would help them in establishing a presence in Europe. He stated that Baho was right for them because the products and brand were in line with what OSI wanted.
John Balvers is the managing director of Baho. John said that he was excited about the two companies working together and congratulated OSI for its excellent relationship with suppliers and customers. He noted that the two companies would be able to combine strengths and give their customers a wide array of products. OSI Group announced that it had acquired Flagship Europe from the Flagship Food Group last month. Flagship Europe has been a food service supplier in the United Kingdom for many years. It supplied pies, dressings, and frozen poultry. OSI Group said that the addition of Flagship Europe would help to improve further the service they provide to customers in Europe.
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