As a well respected American food company like OSI Group, doing great things in the food industry can have a substantial ripple effect. The CEO of OSI Group, Seldon Lavin, has made some significant acquisitions of European food companies over the last few years.
OSI Group has been brokering big deals with international food companies and also purchasing critical brands in Europe. This business approach by Lavin has led OSI to the top. OSI has also strived to be a best-in-quality and a best-in-service company. In 2016, OSI was designated as a top 100 American food and beverage company.
Otto & Sons Inc. was a small family meat company founded in 1909 in Illinois by a German immigrant, Otto Kolschowsky. Many decades later, OSI was Otto & Sons’ predecessor, having been renamed and turned into an international, food processing firm with an estimated 6.1 billion dollars. OSI has 20,000 employees and 65 facilities in 16 nations.
According to Forbes.com, OSI is ranked #58 in wealth as a private company. The company headquarters is in Aurora, Illinois. Its products include bacon, meat patties, hot dogs, fish, pizza, poultry and vegetable products. OSI supplies 85 percent of McDonald’s franchises with meat, globally. Since 1955, when Ray Kroc decided to choose Otto & Sons as its top beef supplier, OSI has expanded internationally, with facilities in India and China.
OSI has attained many impressive business milestones and awards under Lavin’s watchful eye. Lavin’s critical leadership in areas of mergers and acquisition the business world has helped OSI gained significant recognition and some impressive awards. In December of 2016, one of OSI’s subsidiaries located in the UK was presented with the Globe of Honour on behalf of the British Safety Council. This yearly award, which is given by the British Safety Council, focuses on those companies in the UK that do exceptional things concerning the environmental safety area.
Lavin’s philanthropic pursuits included the support of the Ronald McDonald House, a charity. Lavin has supported them for 25 plus years. Lavin’s role comprises trustee and chairman of their capital campaign. Lavin has helped many other charities. Sheldon has the position of Director of Sheba Foundation as well as president.
Lavin earned a bachelor’s degree in accounting and finance. He attended the Roosevelt University in Chicago, Illinois. Lavin once owned Sheldon Lavin and Associates, a consulting firm, which resulted in him being hired by Otto & Sons.
Read More: www.crunchbase.com/person/sheldon-lavin