The past decade has confirmed that businesses that develop to international markets tend to be more successful than domestic ones. The concept incorporates maintaining visual displays in other countries. As illustrated by OSI Group, global expansion includes the expansion of a business in several regions with the intention of making investments in other nations. In 2016, OSI Group spent most of its time acquiring food manufacturing and supplying facilities. For starters, the Tyson Food was acquired after series of meetings and negotiations on the way forward in business.
The 200,000 square feet facility was formerly managed by Tyson Foods and is geographically located a few meters away from OSI’s Chicago facility. Because of that, it was easy to acquire the facility then streamline the management. Even better, the new facility provided infrastructural support for business growth.
Benefits of the Acquisition
In the words of the head cheerleader for OSI Group Chicago Mr. Kevin Scott, the new facility on board was a mark towards the growth and expansion of the business. The management of OSI Group was excited as the additional facility reflected employment opportunities for the community as well. Moreover, the facility is a strategy implemented to satisfy the demands of the clients as there is continuous demand for meat-based products in Chicago. Like in most of the business deals OSI Group has struck before, financial details were withheld. Nevertheless it was a revolutionary project for the companies.
Leadership and Management
OSI Group is a famous company dealing in the supply of meat-based products. Also a supply chain expert working closely with restaurants, the company is controlled by major stakeholders who make major decisions regarding the growth and development of the company. Also, behind the success of the company are trained employees who uphold customer care. These employees are trusted to deliver unmatched results to clients. As such, OSI Group has created comfortable working environment for its people.
In the same year (2016), OSI Group acquired Baho Food. This is a manufacturing facility that deals with the supply of deli snacks and meat –based products in Germany. The facility has five affiliates including Vital Convenience, Bakx Foods as well as Q Smart Life. The firms have been in operation for about sixty years hence their ability to sufficiently cater to clients. The new processing plant adds to OSI Group a food dispensing outlet to cater to the growing demands of the community.
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