Baho Food is a European food wholesale company that controls five subsidiary market companies in Gelderland Frischwaren, Vital Convenience, Henri van de Bilt, Bakx Foods and Q Smart Life. OSI Industries has now increased Baho Food’s reach into 18 countries by acquiring it and giving it access to additional operating capital. OSI Industries President David McDonald said that buying Baho Food would add to OSI’s current product portfolio and would also add a reputable company to their partners list. McDonald was also pleased to welcome Baho Food managing director John Balvers to the team and said that all managers under Balvers would also remain. OSI Industries has bought not only Baho Food, but also several other farms and processing companies that have made it a multi-billion dollar powerhouse in meat wholesale.
OSI Industries is currently ranked as the 10th largest meat processing and wholesale company behind other prestigious companies like Tyson Foods and Perdue. OSI Industries didn’t get to where they are without simple beginnings and a lot of hard work by one man and his family. That man was Otto Kolschowsky, a German immigrant who built a market store selling meat from local livestock. That store stayed strong even during the hard economic times of the depression, and it became a family named company known as Otto & Sons. McDonald’s restaurants gave Otto & Sons the first chance to become a big privately-owned corporation by supplying meats to its domestic and foreign restaurant locations, and this prompted the Kolschowskys to explore big investment opportunities.
While Otto Kolschowsky laid the foundation for the company, it was Sheldon Lavin who became the person behind Otto & Sons international expansion. The company had already benefited from Lavin’s financial input as it opened it’s first large processing plants, and as it grew overseas Lavin started opening new plants in strategic locations. The company was renamed to OSI Industries which was an acronym for Otto & Sons now going international. They started by going into Germany and Brazil first, and by the 1990s they already had a strong presence in China. OSI Industries has primarily focused on the beef and pork products, but they’ve recently seen high demands in chicken come in regions around Spain and the Philippines. OSI Industries is a member of the North American Meat Institute and they’ve also been a partner of the Ronald McDonald House Charities organization that’s supported healthcare and scholarships for underprivileged children.
To know more visit @: www.crunchbase.com/organization/osi-group