OSI Industries continues to make key acquisitions as it sets the standard for the food manufacturing industry. The company acquired Baho Foods, which is a European food supplier. Baho Foods has been in business for six decades and has a definite presence in the European region. David McDonald supervised the acquisition and believes that the partnership will Baho Foods will open new markets to OSI Group throughout the Europe. It is also a promising look at how two established companies will work together to improve each other’s business model.
OSI has made other key acquisitions such as local distributor Tyson Foods. Tyson was acquired for 7.4 million dollars and kept in business in order to save hundreds of jobs. It was estimated that over 500 personnel would be out of work if Tyson Foods closed their doors. David McDonald and his team were able to ensure that the company remained running and all of the workers were provided an opportunity to continue.
David McDonald also supervised the acquisition of Flagship Food Group. Flagship Food Group is another European based organization that specializes in mayonnaise and other serving sauces. The company is expected to further increase OSI’s reach throughout the European region. David McDonald has proven himself to be a visionary as the Chief Operations Officer of OSI Group. McDonald restructured the management operations of the China division in order to ensure that it was operating up to the international standards of the organization. McDonald wanted to make sure that the leaders in every department were being held accountable. He decided to use rotating groups of experts that will travel on a regular basis to monitor the international business OSI factories throughout the world. David McDonald is originally from the state of Iowa. He is an alumni of Iowa State University where he earned his bachelor’s degree in animal science. David began his career with OSI Group immediately after college and has remained with the company ever since.
OSI Group originally began as a family-owned organization. It was founded by a German immigrant in the early 1900s as a meat market in the Chicago area. The company went on to grow as a food distributor for restaurants and other food businesses in the region. The family business began a working relationship with the McDonald’s Corporation in the 1950s which put them in a position to grow on an international level. OSI Group currently has over 20,000 employees and facilities operating in several different countries.