Cryogenic food processing, the use of liquid nitrogen emerged in the 1960s, and it revolutionized the supply of fresh food. With storage problems solved, companies could now process food in bulk and transport them whenever and wherever. Based in Aurora, Illinois OSI Group is undoubtedly one of the largest suppliers of meat and meat products not just in the United States but across the globe. Recent developments at the Group have helped raise it to the top of the food chain. The reduction of production by Tyson Food Group was good news for OSI Group as the former was looking to dispose of its installation in Chicago. The chicken processing plant increased OSI Group’s production capacity in Chicago and increased its presence in the state.
The plant is not only conveniently close to the Group’s existing factory, but it had an incredible amount of floor space that increased the manufacturing capabilities of the Group’s subsidiary in the area.Other than the acquisition of the plant, OSI Group embarked on an acquisition spree that began in the Netherlands. Dutch meat processor, Baho Foods is the most significant acquisition the Group has ever made. Operating through five subsidiaries Q Smart Life, Gelderland Frischwaren, Bakx Foods, Henri van de Bilt, and Vital Convenience that runs plants not just in the Netherlands, but also in Germany OSI was able to increase supply across 18 countries.
This acquisition led to the expansion of OSI Group foothold in Europe, but the Group was not done yet. Still, in Europe, OSI Group purchased Flagship Europe, a food and condiment maker based in the UK, before the acquisition, Flagship was able to buy out another food supplier, Calder Food. This not only increased the asset base, but it also enhanced OSI Group’s portfolio. Before the company could celebrate its achievements, the Group invested heavily on restructuring its operations at Toledo Spain. Capital injection of €17 million enabled the company to increase the floor space by a massive 20,000 square feet, and annual production capacity doubled to sit at 45,000 tons of processed meat products.