According to an article published in foodbusiness.net it states the acquisition of Baho Foods by OSI Group. Baho Foods is a manufacturer of deli meats and snacks based out of Europe. The CEO of OSI Group stated that the acquisition of this company will give them more presence in the European Continent. Furthermore, the Managing Director of Baho Foods also stated the joining the OSI Group will help them achieve the growth they need to attain the level of success they are looking for.
In an article published by wattagnet.com, it talks about the purchase of prior Tyson Foods facility located in the city of Chicago. According to the article the purchase of this large facility helps them as it is in a close proximity to their current facility in Chicago. In addition, the senior executive vice president stipulated that “enhances their capabilities to meet their the rapidly evolving need of their customers”.
Hence, in an article by provisioneronline.com, it states about joining forces with a Canadian food company name Select Ready Foods. The COO of Select Ready Foods believed it was a good business venture due the resources they will provide them to help them grow. The addition to OSI Group made them available in approximately 17 countries according to the article.
Currently, according to Forbes the OSI Group is categorized as part of the Food, Drink and Tobacco Industry. In addition, it was founded in 1909 and its current CEO is Sheldon Levin and CFO Sherry DeMeulenaere. Moreover, the company is ranked # 63 in the list of America’s Largest Private Companies with a revenue of 6.1 Billion. The headquarters are located out of Aurora, Illinois. Hence, they are known for their meat processing for retailers and food industry. They carry meats such as Pizza, Bacon, and Patties.
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