OSI Industries Acquires Baho Food in the Netherlands
OSI Industries is the 39th largest food producer in the United States. They have operated in the United Kingdom since 1989. They also have operations in Germany and China. They are a privately held company operating 60 plants in sixteen countries.
The Chief Operating Officer David G. McDonald said they wanted to broaden their base in Europe. Therefore, they acquired Baho Food. Baho makes convenience food, deli meats and snacks in The Netherlands.
Baho was a great choice for OSI to expand their European operations with because they have five subsidiaries: Q Smart Life, Henri van de Bilt, Vital Convenience, Bakx Foods and Gelderland Frischwaren. They have manufacturing plants in Germany and the Netherlands. Their brands and their products match OSI Industries.
OSI Industries began life in 1909 as a simple meat market. It’s now based in Aurora Illinois. Last year they won the prestigious Globe of Honour for environmental awareness and Sword of Honour for worker health and safety from the British Safety Council. They produce many food products including cheese, seafood dough, fruit, vegetables, sausage, poultry, beef and bacon for use in restaurants.
Also last year, OSI Industries bought the former Tyson Foods plant in the South Side of Chicago for $7.4 million. It’s in the Back of the Yards neighborhood.
Tyson had announced in November 2015 they were closing the plant and laying off all remaining employees. Tyson the plant could not be adapted to their modern needs. Click here to know more.
However, Kevin Scott, senior vice president for OSI North America, said they were excited to have the plant as part of their manufacturing operations.
Tyson used the plant to make prepared meals for the hospitality industry. That included meatballs, tempura chicken, omelets, crepes, chicken cordon blue, soups and sauces. It’s 200,000 square feet in size. It’s located close to existing OSI Industries plants.