Sheldon Lavin & OSI Group: Innovating, Investing, and Redefining the Food Industry Since 1908
Maintaining the leadership of an industry for nearly a 100 years is not an easy thing, but as for Sheldon Lavin’s OSI Group, that is just but one of its many success stories. Its predecessor, Otto & Sons, USA, was established in Chicago 99 years ago as a simple meet outlet. The company grew with time and metamorphosed into OSI Group in the mid-1970s, a few years after Sheldon Lavin was invited by Otto Kolschowsky’s sons to become their business partner. The trio was able to push for the exclusive rights to supply hamburgers to McDonald’s. With the help of Mr. Lavin and the growth of McDonald’s, the hamburger business grew to multiple proportions.
After working with the Otto brothers for a few years, one of the brothers decided to quit the company and sold his interests to Lavin. Before long, the other brother decided that it was time to throw the rest. After his retirement, OSI Group was left in hands of Sheldon Lavin, and for about four decades now, he has proved to the world that indeed his hands were safe for the company.
Growing OSI Group
Lavin strived to popularize the OSI brand in the United States and managed to open a couple of branches in the country. However, OSI Group’s growth was not limited to the United States. From the 70s, through the 80s, and into the 90s, the company made huge strides towards the globalization of its products. It started by opening branches in Spain, Taiwan, and Austria, before expanding to the Far East. By 1990, the company was operating in Philippines, Brazil, Mexico, Germany, and China.
Under the able leadership of CEO Lavin, OSI has made hundreds of acquisitions, expanded to almost all continents of the world, and opened more than 65 food processing plants across the world. Some of the food companies acquired by OSI include Select Ready Foods in Edmonton, Germany’s EDEKA, Tyson production plant in Chicago, and Holland’s Baho Food among many others.
Besides dominating in the supply of beef products, OSI Group is currently doing impressively well in poultry products. Since 2000, Sheldon Lavin has guided the company to acquire or open poultry to learn more about us: https://en.wikipedia.org/wiki/OSI_Group click here.
Sheldon Lavin is a professional banker. Prior to his inclusion in the management of OSI, Lavin was working as a banking Executive in Chicago. Besides investing, Lavin is a great innovator and philanthropist.