OSI Food Solutions continued with its diversification through the recent acquisition of Baho Foods. It marked a significant step to the company in its bid to maintain a steady supply of its products to the European market. By Purchasing Baho Foods, OSI Food Solutions added more products in its portfolio and improved the logistics in reaching its customers. This is because the Dutch Company operates in the Netherlands and Germany and it’s an advantage to OSI because its market base would expand. Baho Foods produces meat products for the retail market and food outlets. This means that the company would help OSI reach more of its retail customers in Europe. Another advantage of the merger is that Baho Foods has five subsidiaries operating in eighteen countries in Europe. These companies would boost the distribution of OSI products hugely. The president and the chief operating officer of OSI, David McDonald, facilitated the acquisition after evaluating its benefits.
Read this article about OSI Food Solution at Augsburger Allgemeine.
To enhance proper transition, OSI Food Solutions decided that the top Executives of Baho Foods would remain to help in outlining the strategies of both companies. The Executives on their part said they were happy to join OSI family and were ready to deliver. In another move intended to improve its service to its European market, OSI acquired Flagship Europe. The company supplies dressings, sauces, mayonnaise, frozen poultry, pies, and sous vide products to the European market. Before joining OSI, the company had acquired Calder Foods, a mayonnaise, dips, sauces, marinades, and sandwich supplier. It means that the merger would add many more products to the OSI portfolio.
Flagship Europe Chief Executive Officer, Russell Maddock praised the merger saying that the move was good since the company would serve its customers better because OSI Food Solutions has a strong customer base. He added that the company would reach more customers and build a brand for itself in the market under the umbrella of OSI. David McDonald on his side pointed that OSI Food Solutions was delighted to have Flagship, now Creative Foods. He added that the company’s strategic growth plan included merging with like-minded companies that would improve the company’s capacity in serving its customers in a better way.