OSI Group Expands Reach With Tyson Foods Facility Purchase and Baho Foods Merger
Aurora, Illinois-based OSI Group announced, in a public statement, it has acquired Baho Foods, a leading food processor from the Netherlands. Neither organization disclosed terms of the merger, which still needs approval from the European Union regulatory commissions.
Headquartered in The Netherlands, Baho Foods on bnpmedia.com operates manufacturing and processing plants in Germany, with five subsidiaries, including Q Smart Life, Gelderland Frischwaren, Bakx Foods, Vital Convenience, and Henri van de Bilt. The firm manufacturers and processes snacks, convenience foods and delicatessen meats for retailers throughout Europe.
OSI Group President and Chief Operating Officer, avid G. McDonald, commenting on the pending merger acquisition, “Adding Baho Food to our OSI Europe business gives OSI a broader presence in Europe, the company’s portfolio of products and brands complements OSI’s current processing strengths on Crunchbase while broadening our capabilities to best serve the evolving needs of our customers.” John Balver, Baho Foods managing director stated its management personnel will stay in place, for the time being, as the two firms collaborate on developing a strategic management plan. Balvers, commenting on the OSI Group merger at https://www.thecaterer.com/articles/493412/osi-group-acquires-flagship-europe, “OSI has outstanding relationships with both its customers and suppliers. Baho Food, as part of the OSI Group, will be well positioned to leverage on the experience and capabilities of the OSI Group.”
In its quest to become the worldwide leader in food processing, the OSI Group acquired the Tyson Foods processing facility, in Chicago, Illinois. Tyson Foods nor the OSI Group disclosed terms of the purchase. The facility, on Chicago’s Southside, is near OSI Group’s food processing plant. and will expand its capabilities to satisfy customer demand.
Tyson Foods stated the facility was small, when compared to their other processing plants, and could not accommodate necessary automation retrofits and expansion.vOSI North America senior executive vice president, Kevin Scott stated the former Tyson Foods facility will allow the OSI Group toexpand its capabilities to satisfy customer demand. He commented on the acquisition, “We are excited to have this facility as part of the broader OSI manufacturing network.” Representatives of the OSI Group indicated former Tyson Foods employees, from the plant, have been offered positions.