OSI Industries recently merged with a Turi Foods, a food company based in Thomaston, Victoria. The two merged to form Turosi Pty Ltd in July this year.
The two companies joined to create bigger and better food company. Before the merger, the names OSI Industries and Turi Foods had become popular in the food industry. The two companies had well-established operations that provided the food services to clients in Australia. With the new partnership in place, the companies believe that they will have a better opportunity to meet the current need in the market. David G. McDonald, the president and COO of OSI Group LLC, which is the parent company of OSI stated that the merger provides an excellent opportunity to serve the customers in a new innovative way. He also believes that the merger will help the two companies grow to improve their operations.
In the new partnership, both companies have an equal share in the operations. Turi Foods and OSI Industries will continue to operate in their plants located in Thomastown and Geelong, Victoria. Further manufacturing of processed products will continue at the Broadmeadows in Victoria, Blacktown in New South Wales and Eagle Farm in Queensland.
Both parties hope to utilize the various expertise on each side for the growth of the company. While announcing the merger, Sam Cuteri, the chair of Turi Foods stated that the decision to merge was based on the need to create a simpler way of serving the customers. Merging not only provide more requirements to run the operation but also doubles up in the labor force need to make sure all customers are served. He believes with OSI large distribution network; the two companies have a bright future lay ahead.
OSI Industries is a privately owned company supplying quick-serve restaurants, foodservice market and retail outlets across the Pacific. Otto Kolschowsky formed the company in 1909. Formerly, OSI Industries was known as Otto and sons and later changed its name in 1973. OSI has dramatically grown to expand its wings to different countries across the globe including Brazil, Japan Poland the United Kingdom, Canada, and the Netherlands. OSi Has gone through an exponentially growth trend. This has been due to the great management exercised by some of the great figures in the industry such as Sheldon Lavin and David McDonald. They have exhibited great leadership skills. Thanks to the OSI fraternity for the cooperation and dedication.
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