Basically, the success of OSI Industries is attributed to a supply history of over a century. The founding of the company dates back to 1900 when it was created by Otto Kolschowsky. Otto started the brand as a local meat shop in Chicago. At this time, the brand was known as Otto & Sons USA. Currently, OSI Group enjoys over 65 branches globally, all led by the group CEO, Sheldon Lavin. Mr. Lavin is very focused on promoting food security, market sustainability, and green technology. Sheldon Lavin has been the driving force behind OSI’s global food dominance and he has led the company to major partnerships and acquisitions.
OSI’s Growth Milestones
The brand started to experience significant growth in 1955. This was after it landed a supply deal to deliver hamburger to McDonald’s. In 1973, Otto & Sons brand was compelled to station a hamburger plant that was to specifically meet the growing demand at McDonald’s. Three years prior to this deal, Sheldon Lavin had joined the group and he was very instrumental in regard to the McDonalds deal. In 1975, the brand changed its name from Otto & Sons to OSI Industries. In the 1980s, the brand expanded to Spain, Germany, Austria, Brazil, and Taiwan. Two additional supply plants were opened in the US in the 80s. By 1990, OSI Group had established presence in Mexico, Poland, and the Philippines.
Major Acquisitions and Deals
In 2002, the company acquired distribution rights in Austria to supply beef. This was to meet the high demand for the product. In 2006, the company procured another deal in the US to supply poultry products. In 2010, the brand opened a beef production plant in Japan and they procured the right to supply the meat. A few years later, the brand took to India and Canada. In 2014, OSI Group signed a deal with Pick stock. In 2016, they acquired food supply rights at Baho Foods, Flagship Europe, Tyson, and German’s Hynek.
Overall, OSI Group has taken major growth milestones. The brand has enjoyed more than a century of good reputation in the food industry. The success of OSI is attributed to quality leadership especially under the headship of Sheldon Lavin.
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