OSI Group was ones a butcher shop and it has developed to become a leading food provider in the globe. The privately-owned food company has 65 facilities that have created employment to 20, 000 people in 17 countries.
The success history of OSI Group is rooted back in the 20th century when prosperous German-immigrant member, Otto Kolschowsky, started his own butcher shop in the United States. The business was booming gradually and within a year the retail butcher shop had grown into a wholesale business. In 1928, the business was rebranded to as Otto & Sons.
In 1955, Ray Kroc started McDonald’s restaurant in Illinois, Des Plaines to be precise. The family restaurant was founded in 1940 by Richard & Maurice McDonald, a couple based in California. McDonald restaurant partnered with Otto & Sons; the company used to supply fresh ground meat, beef, to the restaurant. Ray Kroc purchased the McDonald restaurant and became the CEO. The McDonald’s restaurant boomed and expanded giving Otto & Sons Company pressure to grow as well for them to supply affordable, consumer-driven, and consistent products, which could be moved to long distance considering that the restaurant was ever-widening.
Read more: OSI Group acquires Baho Food
Fortunately, Otto & Sons Company discovered an affordable technological breakthrough, flash freezing process, that made their task much easier leading to a closer connection with McDonald’s restaurant. Both the food facilities, OSI Group McDonald, became more successful, which resulted to their recognition nationwide. In 1975, Otto & Sons was rebranded as OSI Industries. The transition proved that the company had become a giant food provider that operated on a large scale. Kolschowsky family retired and Sheldon Lavin was introduced to serve as the investment consultant, he contributed largely to the current success of OSI Group McDonalds.
The business connection between McDonald and OSI Group McDonalds has a long thrilling history. There is no doubt that great client relation, recognition of expansion gaps, and technological innovation has led OSI Group McDonalds to become a heavyweight food provider. OSI Group McDonalds has supplied meat to other Chinese food chains, taking of Papa John’s Pizza, Subway, Pizza Hut, and Starbucks. Their products include dough, meat patties, hot dogs, poultry, bacon, vegetables, pork, and fish.
Check more about OSI Group McDonalds: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=23182821