The food production industry is incredibly important part of our society. Without some of the food production companies in the world, we would not have access to many of the foods that we do today. One of the largest producers in the world today is the OSI Group. While this company has been an industry leader for years it is continuing to look for ways to grow and expand. The company recently announced a new acquisition that will give it a much better overall market share.
OSI Group, which is based out of Aurora, IL, has made a number of major purchases and investments over the past few years. This past year they finalized the purchase of Flagship Europe, which was part of the larger Flagship Food Group. While Flagship Food Group was based in Denver, the Europe division of the company was focused on making sales and growing business in the Western Europe market.
Adding the Flagship Europe division to the overall company was a very good and major addition for the OSI Group. Flagship Europe was very well known in the industry for selling a range of different frozen poultry, bakery items, produce, and other items to clients all over the UK and other parts of Europe. The company tended to focus on selling to commercial clients including restaurants, catering companies, and a range of other service providers.
The addition of the new company to the OSI Group is just the latest move by the company. When they were looking to expand in Europe, the company decided to purchase a smaller food company in Spain as well. Through the purchase of both companies, OSI will now become one of the largest food producers and providers in all of Europe.
The OSI Group is also looking for ways to expand in the United States as well. OSI previously purchases a plant based on Chicago, IL. This plant was the home to Tyson Foods fro a long period of time. However, Tyson decided to exit the property, which allowed OSI to purchase it for a discount and improve sales in the local marketplace. When buying the property the company was also able to keep more than 250 people keep their jobs after previously learning that Tyson would no longer employ them after the plat was going to close down. This also allowed OSI to retain many skilled employees as opposed to finding new staff to operate the plant.