OSI Industries was happy to make the acquisition of Baho Foods. Baho Foods is a European food manufacturer that has been in business for over 60 years. The company has carved out its own market share in the European region. Dave McDonald and his team at OSI Industries was looking to gain a foothold in the European region and believes that partnering with Baho Foods is the necessary move. Baho Foods leadership is expected to remain in place and continue with the current business model of the company. They will in turn benefit from the tremendous resources of being affiliated with an international, multi billion-dollar organization such as OSI Industries. McDonald and his team are excited about the acquisition. They expect the relationship to open new doors for OSI throughout Europe in terms of industry diversity.
Tyson Foods was another acquisition made by OSI Industries as it pushes for growth. The purchase was made for 7.4 million dollars. The move helped the Chicago-based food manufacturer save up to 500 jobs. Tyson was looking to close its doors for good before the buy out. Dave McDonald offered 200 of Tyson’s employees positions at OSI Industries. Saving these jobs supports the OSI policy of creating opportunity for others to ensure healthy expansion of company objectives.
Flagship Food Group was acquired by Dave McDonald and OSI Industries. Flagship Food Group is also a European food manufacturer that has a unique niche in the industry. It specializes in mayonnaise and various serving sauces. Flagship Food Group has made acquisitions of its own, which will make it a valuable asset to the OSI brand.
As Chief Operations Officer, Dave MacDonald has made many moves in order to place his imprint on the company. He thoroughly restructured the management system in the China region in order to bring that area of the company to international standards. Executives throughout the world will be held accountable for their leadership decisions by a rotating group of experts that represents OSI’s worldwide initiatives. OSI Industries has since earned several awards for its consistent work practices. The company received the Globe of Honor Award from the British Safety Council in 2016. The honor recognizes companies that implement safety policy throughout the entire ranks of the organization.
Dave MacDonald is originally from Iowa. He attended Iowa State University and remains very involved with his Alma mater. He received a bachelor’s degree in animal science. Dave begin his career with OSI Industries immediately after college and remained with the company throughout the years, eventually earning the position of COO.