Under the senior leadership of OSI Group’s CEO, Sheldon Lavin, OSI has executed many key acquisitions concerning key working capital, subsidiaries, and companies involved in the food industry.
OSI Group’s procuring in August, 2016, of Baho Food, helped infuse this Dutch food company into OSI Group’s European portfolio. It was this key purchase, which provided OSI Group with a stronger corporate presence in Europe.
By purchasing Baho Foods, the OSI Group inherited five subsidiaries. Some of these five entities had processing plants located not only in Germany, but also in the Netherlands. These five companies include Gelderland Frischwaren, Q Smart Life, Bakx Foods, Vital Convenience, and Henri van de Bilt. These five companies provide food services in Europe, which are part of a business network of 16 companies.
OSI Group also purchased the Tyson Food plant in June, 2016. This plant, which was located in Chicago, Ill., was bought by OSI Group for $74 million. A spokesman for OSI group noted that the 200,000-square-foot location, which is situated in the Back of the Yards locale, is close to OSI Group’s Chicago facilities.
The Tyson Food facility by OSI was a move that will help OSI Group by utilizing this new infrastructure to stimulate business growth. OSI Group has achieved many impressive business milestones under CEO, Sheldon Lavin. Lavin’s many years of experience at OSI has helped the company gain a lot of recognition and awards in the U.S. and internationally.
An OSI Group subsidiary, located in the UK, was given an award titled, The Globe of Honour. The British Safety Council gave OSI Group the award for corporate excellence in the area of environmental safety. And in February of 2016, Sheldon Lavin received the Global Visionary Award, given by India’s Vision World Academy. This award recognizes those people who are important corporate visionaries in specific industries like food.
Sheldon Lavin has also contributed to many philanthropies. He has supported the Ronald McDonald House Charities for over 25 years. Mr. Lavin is also a trustee and chairman of capital campaign.
Sheldon Lavin received a Bachelor’s of Science degree in both accounting and finance from Roosevelt University, located in Chicago, Illinois.
Sheldon Lavin got his start in the food business in 1970, by making important connections with Otto & Sons, Inc. Otto & Sons were the predecessors to what is today, OSI Group, LLC. OSI Group is located in Aurora, Illinois.
For details: www.inc.com/profile/osi-group