Otto & Sons started a small butchery in 1909, but they didn’t know it would one day grow into something great someday. When something starts small, some people don’t see it becoming great in the future. The small butchery became an international company in 1975 after rebranding, and it was named OSI Group. The company has experienced many events since then, and it has transformed its business activities in a big way. In life, it takes just one instance to change things and make them better. Otto & Sons got an opportunity to supply meat to Mc Donald’s restaurant in 1955, and this became its stepping stone.
Ray Kroc was the owner of this restaurant, and he had to agree with Otto & Sons before sealing the deal. The company opened a Chicago-based branch, and this indicated that the company was expanding. OSI Group shows significant growth in Germany and Utah in 1975 before it rebranded to OSI Industries. Sheldon Lavin is one great business expert who has used his skills to make the company great today. David McDonald served as the President while Sheldon was the COO. The combined efforts, skills, and commitment of these two business leaders have helped ISO to venture to over 17 countries.
When it comes to acquisitions, OSI knows how they work and their benefits. The company has managed to purchase some other companies to make its growth more effective. Tyson Food plant in Chicago is among the acquisitions OSI Group made in 2017. Although Tyson Food was best known for its poultry products, OSI intends to diversify its production to meet the demands of its clients. OSI took over Flagship Europe and its operations, and this deal was sealed in December 2016. Companies that understand and implement diversification realize unmatched growth, and they hardly fail to achieve entrepreneurial goals.
This means the company would now improve the quality of dips, sauces, and sandwich among other products. OSI Group knows that improving production involves enhancing the plants it already has and making some more acquisitions. Besides producing poultry products, the company aims at producing quality beef and pork products. Spain and Portugal have increased demand for beef, pork, and poultry, and the company is busy ensuring the supply is adequate to meet the demands. If a company is to enjoy high productivity, it needs to regulate its expenses such as the electricity cost. The company has installed some energy-efficient reservoirs to help it retain the heated water and recycle the produced heat.