Sheldon Lavin, a household name in the world of Food processing companies recently let the world know about his untold story in an interview with the French Tribune. During the same interview, he gave the A to Z story of how OSI grew from a humble family meat company to a global conglomerate with sixty-five branches spread in over sixteen countries. OSI’s has been in the game for a century now having been established back in 1909 by Otto Kolschowsky but thanks to a great management panel led by Sheldon Lavin, the company has seen monumental growth and with its growth came a long string of acquisitions. Take a look at how this happened.
Brief Overview of how Sheldon Lavin became the cornerstone of OSI
As mentioned earlier, OSI group began as a meat market situated in Chicago. Even though it was not that big, it still managed to meet and surpass the expectations of its clientele base. The company got its big break in 1995 after McDonald’s chose it as the main hamburger supplier. In a bid to meet McDonald’s demands, OSI which was known as Otto & Sons back then established a special plant in 1973 which was specifically dedicated to McDonald’s. This is when Sheldon Lavin came into the picture as a partner.
Before joining the firm, Sheldon had been serving in the financial sector for quite a long time and had worked with various A-list banks. Thanks to that, his move to the company was well thought out because he brought with him skills that would prove to be highly instrumental to steering the company towards success. He first joined as a third partner but after one of the brothers sold his stake he became a half partner and the company was renamed to OSI group in 1975.
In 1980, under the excellent leadership of Sheldon and the two brothers, the food processing company opened two additional plants in the US to meet the demands of its customers and also expanded into a list of other countries such as Spain, Germany, Brazil, Mexico, China, Brazil and a few others. He later took over as the company’s CEO when the other brother retired and since then he made expansion of the company his primary objective and he has stayed true to it by procuring more assets, working together with the rest of the management team to try and meet the demands of the customers and coming up with strategic moves which benefit not only the company but the environment too.
Under Sheldon Lavin’s belt, OSI group has expanded into other sectors such as fresh produce, poultry, and beef. Thanks to that, clients get to enjoy the convenience of having every product they need under one roof plus products are customized to suit what they want. It is due to such factors that OSI continues to win not to mention the various partnerships, acquisitions and great leadership from Sheldon Lavin that the company is now among the top 100 private equities in the USA. Sheldon is indeed a force to reckon.