Recently, OSI Group successfully completed its acquisition of Flagship Europe. The Flagship Food Group went public about the success of accusation process. This acquisition will increase the number of plants, products and brands under OSI Group’s umbrella. OSI group is an American producer of value-added food products. The multi-billion company’s production facilities are spread across Asia, Europe, and Americas.
Flagship Europe, the former subsidiary of The Flagship Food Group, supplies processed food products to different retailers in the United Kingdom. Its products include sous vide equipment, Oliver James pies, frozen poultry, and sauces. It is also known for delivering high quality dressings and mayonnaise. Recently, the company acquired Calder Foods in attempts to establish itself as a key player in the United Kingdom. Calder Foods produces sauces, marinades, sandwich fillings, and dips.
Russell Maddock talked positively about OSI Group’s acquisition of the company. The Flagship Europe’s chief executive offer noted that the acquisition provided the company with the ideal opportunity to achieve progressive development. The acquisition will increase the amount of resources available to the food product supplier. Such resources are critical considering that the company is striving towards expanding its product portfolio and dominating different markets.
In addition, OSI Group has acquired plant that was formerly operated by Tyson Foods. The Chicago-based plant is strategic to OSI Group since it is located near its headquarters. The plant has a wide space of 200,000 square foot. This way, the company will have adequate space to meet the increasing demand of its fast growing client base to learn more about us: https://www.facebook.com/OSI-Group-106191179472361/ click here.
OSI North America’s senior executive vice-president, Kevin Scott, said that the company was pleased with the success of the transaction. Although he did not disclose the financial details of the transactions, he noted that the plant would play a critical role in enhancing OSI’s growth. In addition, Scott declined to talk about the products that OSI would be producing at the plant. Tyson Foods originally set the plant for closure. However, completion of this deal will see the company continue with its operation. These acquisitions bring the number of facilities under OSI umbrella to more than 80 plants. These facilities are based in 17 countries.