When Sheldon Lavin approached Otto & Sons in 1975, he only wanted to help the company to access funds from the lenders through his financial consultancy firm. However, when he got an opportunity to learn more about Otto & Sons, now known as OSI Group, he realized that it isn’t the typical food company in the U.S.
OSI Group has deep roots that run back in the early 1900s when a German immigrant known as Otto Kolschowsky established a butcher shop in Chicago. OSI Group was among the few companies that survived the great depression to dominate the food industry seven decades later.
How Sheldon Lavin joined OSI Group
In 1975, the sons of Otto Kolschowsky approached Sheldon Lavin, who then owned a consultancy. They wanted Sheldon, through his consultancy firm to organize funds for the company from the lenders. Otto & Sons had just rebranded to OSI Industries and it was on a mission to expand to foreign markets.
After realizing the huge potential in the company, Sheldon did not only organize funds for the company, but he also became a business partner by acquiring a controlling 50 percent stake. Together with other executives, Sheldon led OSI Industries to set foot into new markets in Europe, China, India, and North America.
It was easy for OSI Industries to penetrate these markets since they had already built a reputation by offering high-quality products to their customers. The company focused on diversification to introduce new products for the new markets. As a result, OSI industries diversified its product line to include other products such as beef patties, sausage links, fish, pork and poultry products. The company’s revenues also shot upwards to the tune of $6 billion according to a recent report published by the Forbes.
Sheldon’s early career and education
Sheldon Lavin studied Accounting and Finance which led to him establishing a Financial Accounting firm. His consultancy firm focused on helping food companies in America to access funds for expansion from the lenders. That is how Sheldon landed a consulting deal with the Otto & Sons.
What are his achievements at OSI Group?
Sheldon is recognized for many great things at OSI Group. Among them include leading the company through successful acquisitions over the year. Thanks to Sheldon, OSI Group is now supplying food products to clients in more than seventeen countries across the world. Due to his outstanding commitment in OSI Group, Sheldon has won several awards that include the coveted Global Visionary Award in 2016.
A Leader For A Century
OSI is a name that many people recognize across the world and there’s a reason for that. They have managed to create one of the most respected corporations around thanks to their strategy of always putting the clientele first. OSI has managed to go from a family business into a worldwide supplier for fast food joints everywhere. That success isn’t something you see everyday and it’s something that certainly deserves respect.
Giving The World It’s Daily Meat
The most important role that OSI provides is the availability of meat to fast food chains worldwide. These chains need a constant supply of beef, pork, and other goods in order to satisfy their customers, but they can’t do this themselves. This is why OSI Group buys companies like Baho Food in order to properly supply their customers with the meat they need. The ability to help people across the planet receive the precise amount of supplies they need for their fast food restaurant is something that has made OSI Group one of the better appreciated companies. You just don’t see something like this in other food processors.
There’s More To It Than That
OSI Group has gone well beyond providing meat and now provides a number of goods alongside. There are some fast food chains that need frozen dough or vegetables to support their business. OSI Group provides these services for those who need them through the same system they use for their other fast food operations. This ability to provide people what they need no matter what the situation is gives OSI Group an advantage you would otherwise not see. They have truly proven themselves as one of the most successful businesses out there.
Keeping Things Going
OSI Group is serving as the backbone for a number of fast food chains around the world and has no plans on stopping their reign. They’ve made themselves one of the most prominent food processors around for this reason. OSI has even won awards for their ability to provide quality food processing to many clients, but they aren’t satisfied with this. They want to find a way to expand beyond that and into a world where they manage to advance into territory previously unexplored. They want to have just about everything they can possibly have at the end of the day.
OSI Group Info: www.foodworks.pl/en/osi-group-en.html
OSI group is internationally recognized as a leading producer of a wide variety of processed foods in the food industry. Some of the impressive food variety the company processes ranges from beef to chicken and vegetables. OSI Group which is headquartered in Aurora has expedited its global expansion in recent years. The Group President McDonald together with the CEO Sheldon Lavin are the people behind OSI Group Success and expansion plans.
In a strategic move in 2010 OSI Group expanded to Eastern Asia in a joint venture with Orange Bay Foods (OBF).The venture was quite a significant project especially to the people of Japan as it created more opportunities for investors in the local packaging firms as well as the transportation companies that were required to ship raw material and finished products to and from OBF. In addition, OBF has helped improve the economy of the local community.
OSI has also extended its expansion plan to South Asia as well and in 1995 partnered with Vista Processed Foods India. In March of 2012 Vista established a new plant that processes frozen vegetables the Madanapalle. Seven months later another plant was also opened in Punjab.
OSI Group presence is also being felt in Eastern Europe. The Group in 2012 started building a new plant in Poland. The plant supplies hamburgers and other varieties of processed foods to customers in Poland, Finland, Slovakia, Sweden and the Czech Republic among others. The Group spent close to $30 million to establish the facility which has a maximum output of about 25,000 tons. The Group has another facility in Hungary which in 2012 it expanded its storage and production areas at the cost of 25 million dollars. The facility in Hungary processes chicken for fast foods restaurant in 16 European countries.
OSI Foods as part of its expansion plan has made major acquisitions of world-renowned food companies such as Flagship Europe, Dutch firm Baho Food and recently in 2017 acquired the German firm HynekSchlachthof GmbH.
About OSI Group
OSI Group was founded in 1909 by Otto Kolschowsky. The firm started as a small meat shop in Chicago USA and has grown over the years to be a one of the world’s leading producer of processed foods. The company today boasts of having more than 65 locations globally and has offered employment to thousands of people both locally and internationally. OSI Group has won several awards, and in 2016 the Group bagged the prestigious Globe of Honor Award from the British Safety Council for their environmental conservation efforts.