David Mcdonald :- Mergers and Acquisition Plans for OSI

OSI group opened its doors to the public early in the 19th century. Their humble beginnings were marked by a meat market in Chicago and a butchery too. On the storefront, there was a large placard denoted Otto & Sons. Over the years, the company has grown to be the big entity it is today. They have opened branches in almost every American state and has partnered with over 65 business around the world. Currently, the company’s CEO is David Mcdonald and is doing excellent in introducing the company to more partners in Europe and Australia.

In the year 2016, the British Council presented the OSI group with the highly coveted reward for the exemplary management of the environment. This prestigious reward was presented at the Draper’s Hall in London. It is worth noting that this organization was among 18 others that were honored by the British Council. The British council requires that an organization is able to achieve 5 stars in their audit for a period of at least one year. In this case, the company was evaluated between August 2015 to July 2016. On their part upon receiving the reward, OSI industries CEO thanked the British council and assured them of their continued commitment towards ensuring that the environment is safe.

In August 2016, OSI group made yet another bold step in venturing into the European food market by acquiring Baho foods. During the official ceremony, David McDonald indicated that adding Baho to their European wing was an important step towards expanding their operations and learning the ropes of the European food industry. Baho boasts five subsidiaries in Europe with manufacturing plants in Netherlands and Germany.

Another important acquisition that OSI group made in the year 2016 was the acquisition of the Tyson foods a food processing facility that had operated for quite a long time. This 200,000 mega foot facility is located in Chicago and has been very instrumental in boosting the company’s production. The OSI CEO, David Mcdonald was very excited noting that the production facility would greatly boost their production to a great deal. The company, however, did not disclose how much they acquired the facility for. They also remained silent about the products that they would be processing in the new facility.

OSI food group has been able to put up food outlets in quite a number of countries in Europe, US, and Australia. In order to conquer the local market, the company looks for existing local companies that have proper knowledge of the market demographics. This style of doing business continues to put OSI food solutions ahead of many other food companies. Another factor that continues to catapult the Company to higher heights is their able CEO, David Mcdonald.