OSI food solutions is a world-leading provider of custom solutions and quality products in the food industry. Recently, the Company has supplemented their existing production line in Toledo, Spain with a higher capacity one. The new production line which was completed this year is estimated to cost about €17 million, and it has increased the quality and size of the production. The new production line is expected to process about 24 000 tons annually, which is a double quantity compared to the old production line. As at now, OSI food solutions has processed a capacity of about 45 000 tons of quality pork, beef, and chicken products. The entire new project will add a total of 20 new job opportunities to the present workforce of 140 employees. This includes the newly established position of the product development manager who will ensure that dedicated and skilled leadership is given to the continuous development of both new and existing products.
OSI food solutions acquired the Dutch manufacturer of deli snacks and meats, convenience food and retail segments, Baho food. Conversely, they did not disclose the transaction financial terms to the public. Baho was acquired together with its branches in Netherlands and Germany in which the managers and their team will continue to work with the executives of OSI food solutions to cultivate a strategy for the growth of the newly combined companies.
OSI food solutions acquired flagship Europe from the Denver group called Flagship Food Group. The group deals with the supply of sous vide products, frozen poultry, mayonnaise and sauce to the UK food market. Flagship Europe extended its operations in the sector of food-to-go after Calder Foods which is a food company based in the UK was acquired. Commenting on the acquisition of the company, Chief Executive Officer of Flagship Europe said that it was a progressive and exciting development for the company since there will be increased and better resources that will be available to them. He also projected that the company would access new global markets and clients and this would improve their proposition, strengthen their position in the market and open up chances and opportunities to serve their customers better.
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