OSI Group is one of America’s oldest companies having been founded in 1909 by a German immigrant living in Chicago, called Otto Kolschowsky. Presently the company is among the top hundred most profitable companies in the United States with sales to the tune of $ 6.1 billion as of 2016. OSI has grown from a Chicago meat retailer called Otto & Sons to having more than sixty-five locations globally. At the center of this growth is Sheldon Lavin, the Chief Executive Officer of the company.
Sheldon took over the helms of leadership back in 1975 and has steered the company too much acclaimed international growth. Lavin has centered his efforts on green practices, food safety, and sustainability. Sheldon is a visionary leader who plans to drive the company to more growth by applying strategic market-focused plans. Much of the growth OSI has experienced under Sheldon has been through a number of strategic acquisitions like the Baho Food and UK Flagship purchases.
At the time Lavin joined the food company, it was called Otto & Sons which was run by the two sons of the original founder Otto Kolschowsky. In the 1970s Sheldon Lavin joined as a partner of the two brothers, Harry and Arthur and inspired the change of name from Otto & Son to OSI Industries.
Sheldon Lavin played a vital role in the growth of OSI to Global markets and the company would expand to the Philippines, Poland, Mexico, China, Germany, Spain, Austria, Brazil, and Taiwan. The company also established several more manufacturing plants in the United States, to serve the local retail markets and also supply McDonald’s. Under the leadership of Sheldon, Lavin OSI has expanded to poultry production in China and beef production in Japan.
Joint ventures & acquisitions
Lavin has guided the company to a number of partnerships and important acquisitions. Among them is a combined venture with Pickstock and Select Ready Foods. Partnering with Pickstock of the UK allowed OSI to expand distribution of beef all over Europe while Select Ready Foods enhanced the company’s presence in Canadians meat market. Other beneficial acquisitions include the purchase of a Tyson production plant in Chicago which allowed the company more space for storage. OSI also acquired controlling interests of Dutch Baho Food in 2016 and also purchased German Hynek Schlachthof GmbH in the same year.
More about Sheldon Lavin
Sheldon’s success has largely been fueled by his finance and accounting education background. Prior to joining OSI, he worked at Northeast Bank and also worked with Sheba Foundation. Sheldon Lavin is involved in a string of philanthropic initiatives like the Ronald McDonald House Charities where he serves as the chairman of the Board of Trustees. He also serves as a board member of Goodman Theatre and Rush University Medical Center.
For details: www.osigroup.com/news/