OSI Industries is one of the largest growing food distributors in the world and they’re expanding their reach even further. A new acquisition will enable the company to begin servicing more parts of Europe. In a purchase for an unrevealed amount, the company has acquired Baho Food, a Dutch company.
Baho Food primarily produces convenience foods with an emphasis on deli meats and snacks. As OSI Industries takes over the operation, upon government approval, the company’s president David McDonald said he was excited about the opportunities this acquisition presents. The purchase of Baho Food will let OSI Industries continue to expand throughout Europe, which is in line with the company’s mission to provide evolving services to their customers. Mr. McDonald added that the products and brands manufactured by Baho Food will help to broaden the choices already available to their customers.
Prior to the buyout, Baho Food had been in business for 60 years, broadening their own reach throughout Germany and the Netherlands. Under the Baho banner, subsidiaries Gelderland Frischwaren, Vital Convenience, Henri van de Bilt, Bakx Foods, and Q Smart Life have been serving customers in 18 countries.
OSI Industries has pledged to retain the management team, including Baho’s managing director John Balvers. Together with OSI managers, the team will work on developing new strategies for the merged company in its service of European customers. The ambition is that customers will be offered a wider selection of products, once the transitionary phase is complete.
Mr. Balvers supported that goal in a statement, as he remarked on the acquisition. He added that customers will be better supported with a more substantial portfolio, as OSI Industries and Baho Food combine their strengths for the good of the customers.
Previously, OSI Industries was recognized with the Globe of Honour Award for 2016 from the British Safety Council. The award was bestowed upon the company for their efforts in managing the environmental risks of food processing. In order to receive the award, OSI had to demonstrate excellence in managing the environmental effects of their business. This means that they have earned the maximum five stars in the environmental management audit conducted by the British Safety Council.
The Globe of Honour Award is an impressive achievement for OSI, because it shows that the international corporation takes its responsibility seriously. While they have their corporate goals, they also exhibit concern for the environment and for the communities in which their businesses operate. Lynda Armstrong OBE, Chair of the British Safety Council, congratulated OSI Industries and the other recipients for leading the way in taking environmental responsibilities to a higher level through their practices.