The emergence of OSI Group from Otto & Sons

OSI Group is by far the most developed food company in the world. It is run as a private business and its current net worth according to Forbes is $6 billion. Its operations are not only found in the United States but in many countries around the globe. Currently, the company has operations in 17 countries and has been doing a thorough job in pushing its products to more countries. Since the turn of the millennium, the company has made some key investments targeted at attracting more customers from different parts of the world. The company also employs over 20,000 employs.

The origin

OSI Group is one of the companies which have been trying as much as possible to meet the needs of the clients. This dedication to the needs of the customers started many years ago. The company has been around for very many years. It was first created in 1909 by a German immigrant living in Chicago. At first, it was a butcher shop, and it kept on growing until now that we have it as a leading company globally. The founder of the company never anticipated that it could become such a huge business in the future. He created it to meet the needs of the customers around Chicago, but it surprised him when it took a turn for the better.

Otto & Sons

What many customers of this company do not know is that the company they today known as OSI Group was known as Otto & Sons before 1975. It is after the company added a managing partner and started plans to move internationally that it seized being a family business and became known as OSI Industries. Otto & Sons established some of the key business deals that OSI Industries adopted. The largest client that the company had in the past was McDonald’s, , and it was a deal that emanated from Otto & Sons. OSI Group acquires Baho Food.

The change

Sheldon Lavin was added to the list of managing partners in 1975. He was the one responsible for capitalization of the company when it was seeking funds to expand its operations, as a competent investment manager and banking executive, he was given the responsibility of working for the OSI Group and help the then management to come up with a proper plan to expand the business operations. He was skilled enough to take the operations to the next level, and surely he did.

For details: www.careersinfood.com/osi-group-company-1088.htm