OSI Group is a food processing company that started as a domestic company and grew to be international with several branches in different countries. Sheldon Lavin started as a financier of OSI Group as he worked in the banking sector as an investor and executive. He later joined the company as a shareholder and grew to become the half partner. With time he got the whole shares and became the Chief Executive Officer of the company. Being a visionary investor, he decided to use different strategies to expand the company. Moreover, the purposes to ensure a growing company emphasizing the green innovations to establish sustainability.
One of the strategies Sheldon Lavin is using for the growth of the company is the use of joint ventures with already established companies. For example, the company joint ventures with Select Ready Foods in Canada that would ensure an improvement in the value of the meat products it distributes. To expand the meat distribution in Europe, OSI Industries entered a joint venture with PIckstock. The investment would result to double or mutual benefit as both companies would grow to greater heights. Sheldon Lavin facilitated the joint venture with Flagship Europe that is responsible for large productions of various meat products in the United Kingdom. Therefore, the collaboration led to the perfect chance for the expansion of both companies.
Also, Sheldon Lavin used the strategy of acquisition of more property to build the company. For instance, he facilitated the purchase of the Tyson Production Plant in Illinois. The purchase cost several, but it was worth since it would provide abundant storage space and is adjacent to another plant of OSI Group making it easily accessible. The purchase of Dutch Baho Food Controlling Stake was another venture that would lead the company to growth. The enterprise would ensure green practices in the operations of processing meats. Moreover, it would increase distribution market as it deals with deli meats and snacks as well.
Furthermore, a joint venture with the German Hynek slaughterhouse is strategic. It would result in better access to raw meat since it is located strategically. Therefore, the market in Germany and Europe would broaden since the distribution of fresh meat would increase. For a constant supply, the company works with the local sources hence ensuring sustainability. The venture is also an opportunity to serve the demands of the clients whose market increases with low supply. Therefore, it would act as a satisfactory chance for both the public and the company as well.
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