The growth of family-owned butcher shop in the outskirts of Chicago into a multi-billion dollar enterprise indicates how visionary leadership can transform even the smallest business. Otto Kolschowsky, a German immigrant, established the first butcher shop in the outskirts of Chicago. His shop was famous among the immigrants, and it was known for its quality cuts and exceptional customer service.
As the years went by, Otto’s business kept growing where he even started supplying meat in wholesale to supermarkets and restaurants throughout Chicago and greater Illinois. In the late 20s, Otto decided to register it as a family business with the name Otto & Sons LTD.
When his sons joined him in managing the family business, they landed a deal with McDonald’s franchise for supplying fresh meat to their outlets. In the 1960s, Otto and his two sons embarked on a journey to expand their production capacity by purchasing new equipment.
In the early 70s, they approached Sheldon Lavin, a renowned investor, and financial consultant to get money for their expansion plans. Sheldon Lavin managed to organize financing for the company on the condition that he would become a partner. By the 1980’s, Otto and his sons retired from the business leaving it in the hands of Sheldon Lavin.
Using his entrepreneurial prowess, Sheldon Lavin embarked on a mission of taking his business to the world. He achieved this by acquiring several processing facilities to boost the company’s production capabilities. While doing this, Sheldon also ensured that he maintained the standards that had propelled the company for more than seven decades.
Since he took over as the new owner of OSI Group, the company has pitched the tent in more than 85 countries where they are the proud owners of more than 70 food processing facilities. According to recent figures, it is estimated that OSI Group employs more than 20,000 employees working in their different processing facilities.
However, these figures are bound to change following a string of acquisition and expansion that the company has been undertaking in the recent past. The company was recently involved in the expansion of the Spain-based poultry plant that cost them an arm and a leg.
The acquisition of Europe-based food companies such as Flagship Europe and Baho foods has helped to solidify their presence in the European continent. Plus, OSI Food industries have also managed to penetrate the Asian market by building facilities in China, where it is now considered as the leading processor for poultry products.