The OSI Industries recently bought a Dutch company named Baho Foods. This acquisition will add value to the European portfolio of the company. They acquired a controlling stake in the Dutch company.
Baho Foods is a privately owned company that deals in the processing of food items. Their main focus is on meat products. They offer their services for retail and other food service industries. The purchase is still waiting for the merger control deal to be finalized.
Baho Foods is currently operating in the Netherlands and Germany as well. It has five sub-companies named Henri Van de Bilt, Gelderland Frischwaren, Q Smart Life, Vital Convenience and Bakx Foods. These companies have over 60 years of experience in food business. They deal in selling convenience foods, snacks, and deli meats. They are currently serving 18 different countries in Europe.
The current CEO and president of OSI Industries named David McDonald recently said that acquiring Baho Foods will add to the company’s Europe business. It will increase the company’s sales and broaden their presence on the Continent. The OSI Industries is based in Illinois.
David McDonald further said that Baho Foods’ products and brand complement OSI greatly. This move will help both the companies. OSI will be able to increase their capabilities to provide even better service to their customers.
It was announced that the staff of Baho Foods would be retained. The current managing director of the company named John Balvers will stay at the company even after the acquisition. He will have a whole management team with him. Mr. Balvers will be working with senior members of OSI Industries. The company’s leaders will have a meeting with Mr. Balvers about his role and come up with new ideas for a better future.
John Balvers said that he is looking forward to working with the OSI Group. He believes that the company has an excellent relationship with its customers and suppliers as well. Baho Foods, after becoming a part of the OSI Industries will be in a better position. The company will be able to serve their customers. This deal will help boost Baho Foods’ growth rate as well.
To Know More Click This Link : www.creativefoodseurope.eu/osi-group
Aurora, Illinois had recent news to share congratulating them on not only their more recent purchase of Flagship Europe but also on the award from Trade Monthly Magazine. It is the passion of Flagship Europe to be able to provide menu solutions for their customers that will include a top quality flavor and trend from around the world.
It was during the Trade Monthly Food and Drink Awards that Flagship Europe was able to be found as providing countless efforts to please their customers and clients as well as coming up with new and exciting ways to provide for their clients. This is what helped them to bring in the award for Best Global Diversified Supplier in The UK.
It is through their direction that many previous clients and customers were able to get the products they needed for their own production in food sector. For Flagship Europe and OSI Industries, the extension to include the presence of more products such as marinades, sauces, sandwich fillings along with mayo and dips was a clear need when the purchase came across of Calder Foods. This acquisition came across in 2016 which then transferred over to OSI Industries among the purchase of Flagship Europe.
If you do not already know, OSI Industries Group is one of the biggest around the world in food providing. Currently there is more than 20,000 people all working under their name either through an acquisition or directly from the original food group itself.
With the expansions under their belts, OSI Industries has reached more customers and clients than they have been able to reach in previous acquisitions. OSI Foods President and Chief Operating Officer, David McDonald sets the record straight with the new acquisitions being made from OSI. He goes on record as stating that the purchases of various corporations and food suppliers is what is helping them to expand their reach within the food market. Before some of their purchases were made, they were only able to supply a limited number of meat products to certain areas however with the latest purchases, not only can they provide meat but also the necessary items to follow along with the meat.
To Know More Click This Link : www.wattagnet.com/articles/27248-osi-group-buys-former-tyson-foods-plant-in-chicago