In a major effort to expand its meat processing capabilities, the OSI Group acquired the 200,000 square foot Tyson Foods plant in Chicago, Illinois. With the acquisition, the OSI Group now has two Midwest meat processing operations to serve its distribution network.
According to OSI North America Vice-President Kevin Scott, “This facility enhances our capabilities to meet the rapidly evolving needs of our customers,” we are excited to have this facility as part of the broader OSI manufacturing network.”
Both Tyson Foods and OSI Group officials declined to discuss the acquisition price and terms. OSI did not indicate if the acquired facility is to process poultry, beef, or pork. The OSI Group acquisition comes at a time when Tyson Foods is downsizing its prepared foods business unit. Tyson closed a facility in Jefferson, Wisconsin in 2015.
Besides the Tyson Foods facility acquisition, the OSI Group announced the purchase of the Flagship Food Group’s, European operations, Flagship Europe. Flagship Europe offers processed food, frozen poultry and condiment products to food service providers throughout the United Kingdom. Under the OSI Group banner now, Flagship Europe extends its United Kingdom reach with it’s Calder Foods acquisition. With the purchase of Calder, OSI firmly establishes itself as the dominant manufacturer and distributor of dips, sandwich spreads, and sauces.
The move by the OSI Group broadens its global marketing strategy, outside of meat processing. OSI President and COO, David McDonald, commenting on the Flagship Europe acquisition, “The company’s portfolio of products and brands complements OSI’s current processing strengths while broadening our capabilities to best serve the evolving needs of our customers.”
Completing its aggressive acquisition spree of 2016, the OSI Group purchased Dutch convenience food manufacturer, Baho Foods. Neither party disclosed the purchase terms. The deal, subject to government approval, fortifies OSI Group’s position in Europe.
David McDonald, OSI Group President, and COO commenting on the sale, “The company’s portfolio of products and brands complements OSI’s current processing strengths while broadening our capabilities to best serve the evolving needs of our customers.”
With the purchase of Baho Foods, the OSI Group gains Baho’s subsidiaries, Q Smart Life, Bakx Foods, Gelderland Frischwaren, Vital Convenience, and Henri van de Bilt. Baho maintains several processing and manufacturing plants in the Netherlands and Germany.
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