OSI Group, LLC was founded in 1909 in Oak Park, Illinois. In the company’s early years it was a family meat market that established a reputation as a business that offered quality meats.
The company, now headquartered in Aurora, Illinois, saw its business really take off in 1955 when they started supplying then-new company McDonald’s with fresh ground beef patties. In the late 1960’s, shipping methods and technology had improved enough that McDonald’s was able to reduce their network of 150-200 beef suppliers to just four, one of which was OSI Group.
Today, OSI Group has offices and food processing facilities across the world. It is one of the largest private companies in the United States, ranking 58th in that measure according to Forbes. OSI Group has been led by its Chief Executive Officer and Chairman Sheldon Lavin who has been with the company since the 1970’s. The company earns $6.1 billion in annual sales as of 2015.
OSI Group grew significantly larger in 2016 due to two major acquisitions. In August 2016, OSI Group purchased the Dutch food processing company Baho Food. Purchasing Baho Food enabled OSI Group to have a larger presence in Europe and the purchased added five subsidiaries that had processing plants in the Netherlands and Germany. Another major acquisition was Flagship Europe, located in the United Kingdom, which OSI Group purchased in December 2016. Both companies have a portfolio of products that nicely mesh with what OSI Group offers to its clients.
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