In the last five years, OSI Industries has significantly been involved in an expansion plan that includes moving to the international market while at the same time enhancing local operations. The management of the company has been aggressively implementing acquisition and purchase strategies. One of the purchases discussed below is expected to increase the expansion of the food processing company considerably. Read this articles at chicagotribune.com to for more info.
Baho Food Acquisition
One of the stands out the acquisition of OSI Industries is the purchase of Baho Food, a food manufacturing company that manufactures snacks and meat products. The company has a massive market in the Netherlands and Germany, which is a significant benefit to the company as it will be able to increase its market share in the world. Baho Food is a well-known company that has been operating in several countries around the world.
OSI Industries is expected to gain strategic market by acquiring this organization. Operating in the European market is one of the significant achievement that any company around the world desires. The market is vast enough to accommodate any company that is willing to enter into the market. There is also the added advantage of operating in an industry that has customers with huge bargaining and purchasing power. The company will use this strategic market to serve the changing needs of the customers.
Baho Food is one of the most strategic food manufacturing and selling companies in the European market. The firm has more than five branches in both Germany and the Netherlands. This will provide a better opportunity for OSI Group to continue expanding in the market in a strategic process. Baho does not only operate in Germany and the Netherlands, but it has more than eighteen branches in other European countries which makes it a strategic acquisition for any company.
OSI Industries have developed an acquisition strategy that will allow Baho Food executives to continue operating the company as they are aware of the market in a better way than a company from the United States. Baho Food is interested in joining hands with OSI so that it can leverage on the resources available to expand its operations in the European market, which has been its goal for a more extended period.