OSI Group McDonalds has a controlling stake in Bahoo Food. Bahoo Food is a privately owned Dutch Company. They process meat products and other types of food and deliver it to retail and food service industries. This business transaction still needs to go through merger control approval. Bahoo Foods is located in Germany and the Netherlands. There are also company subsidiaries such as Vital Convenience, Gelderland Frischwaren, Henri Vande Bilt, and Q Smartlife. These firms have long histories of about 60 years. They sell deli meats and convenience foods and snacks. They do business in 18 European countries.
OSI Group McDonalds states that adding Bahoo Food to the OSI Europe business allows OSI more business presence in Europe according to David G. McDonald who is the president and CEO of OSI. The company OSI Group McDonalds is located in Aurora, Illinois. He states that this business deal is good for OSI in that it broadens it’s product base and therefore a greater number of customers will be able to be served the particular foods that they like.
The current staff will be kept on including John Balvers the managing director of Bahoo Food. They will begin planing and adapting for the future with OSI Group Mcdonalds. John Balvers states that he is happy about the business deal. Combining the strength of both companies will only lead to better things. Both companies can now reach more achievements than they could by acting separately.
OSI Group is a supplier of sausage, bacon, pork and beef. It also supplies seafood and poultry products, cheese, fruit, vegetables and dough based products are also sold. They are located wold wide including Europe, the Americas and the Asian Pacific area. The company has been in existence since 1909. The company has revenue of over 6 billion dollars. They have 20,000 employees. The comany used to be called Otto and Sons. Eventually the company became OSI Industries in 1975. OSI Food Solutions UK has been given the 2016 Globe of Honour by the British Safety Council. They are one of 18 world wide organizations to be given this award.