For a food processing company that has an impressive history, finding a CEO that devices innovative strategies for growth is the best thing that can ever happen. This is the reason Sheldon Lavin and OSI group are just the perfect match. His leadership skills have enabled the company to over major challenges, and become one of the biggest companies in the food processing industry.
The exponential growth
In 1955, OSI Group was chose as the first supplier of hamburgers to McDonalds. This is when the exponential growth started. They decided to open special branches that specifically served McDonalds. However, things did not pick up momentarily until Sheldon Lavin came on board in the 1970s. At that time, he was just a partner to the two brothers that initially owned the establishment. However, he was quick to assert himself as a growth minded person, and that is how he made his way to the top. The poultry operations to various continents were started with the dawn of the millennium.
Venturing into Canada, Germany and UK
In 2014, OSI under the leadership of Sheldon Lavin established a joint venture with Pickstock in the UK. This is when the group started to supply its beef products throughout Europe. On the other hand, Pickstock had just found an opportunity to expand their growth. It is because of this growth the OSI was able to also venture into the markets in Germany and Canada. While doing this, they also partnered with various other companies including EDEKA, a food company that was in need of high-quality meat supplies.
Tyson and Baho Food controlling stake acquisition
The Chicago Tribune reports that in 2016, OSI Group acquired a $7.4 million plant in Illinois. This plant was near another main facility owned by the group and so, it brought in a lot of convenience. The 200,000 square feet of storage space that the new plant brought in board allowed for even more growth. In addition to that, they acquired Baho Food controlling stake, thus enhancing their operation in the Netherlands and Germany.
About Sheldon Lavin
The OSI Group CEO has been with the company for more than four decades. He is credited with pushing the group into global operations after he became the third partner. Having acquired 100 percent voting rights after the withdrawal of one of the founding brothers and the retirement of another, he has always focused on green innovations to run his company. His company has employed over 20,000 people across the world.
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