When the sons of Otto Kolchowsky approached Sheldon Lavin to get financing for their company, they never thought that he could end up to be the owner of the multi-billion food company. Sheldon operated a small financial consultancy firm that specialized in securing financing for food companies in America. After experiencing immense success for close to seven decades, the sons of Otto wanted to take their company beyond the American border.
Sheldon Lavin, a renowned financial consultant, organized financing for the Otto & Sons Company, which later rebranded to OSI Industries. As a part of the financing deal, Sheldon was tasked with the responsibility of developing a strategic plan for the company that had gained traction in the U.S.
Sheldon Lavin immediately took the opportunity to immerse the company to the global arena by venturing into the foreign market in countries such as Taiwan, Spain, Austria, Germany, and Taiwan. Soon enough, OSI industries started experiencing success in the foreign market prompting the management to add a few other countries such as Mexico, Poland, and China. Venturing into the foreign market proved to be the turning point for OSI industries.
Venturing into the fresh produce market
Since 1909 when Otto Kolchowsky opened the first butcher shop in Chicago, the company specialized in the supply of fresh meat products. In the wake of the new millennium, the company became a powerhouse for fresh produce. This was after OSI industries entered into an investment agreement with China.
Soon after, OSI ventured into the Australian market, and it also proved prosperous and rewarding for the food processing company. What followed from then is a series of acquisitions such as Baho Food, Tyson Foods, Creative Foods in Europe and Schlachthof GmbH of Germany.
Each of these food companies played a key role in helping OSI to cement its authority as the premier processor and distributor of value-added food products. A lot of transformation in OSI happened under Sheldon’s watch, which is the reason why the company commends him for his competence in executing the affairs of the organization. After serving in OSI Group for close to four decades, Sheldon Lavin continues to be a key player in the company’s success.
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