David McDonald Talks About Some Of OSI Group’s Recent Acquisitions

May 5th, 2018 by admin
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David McDonald is the COO and president of OSI Group, LLC. He has been with this firm since 1987, the year he graduated from Iowa State University with a bachelor of science degree in animal science. He is also the chairman of the board of the North American Meat Insitute. He currently lives in Warrenville, Illinois, along with his wife and four of their six children. The two older children are going to Iowa State University as well.

When talking about OSI Group, David McDonald says that this company has aspired to grow larger ever since he joined it 30 years ago. When he joined this company it was active in North America and Europe and about four years after he joined it the company expanded into Asia. He has said the team at this company is always seeking to not just grow but also get better at what they do.

As part of his job, David McDonald handles the negotiations when OSI Group is looking to grow by acquiring another company. An example of this took place in 2017 when OSI Group bought a German company called Hynek Schlachthof GmbH. As OSI Group is a food processing company they bought this other company because they are a beef slaughter firm. By buying Hynek Sclachthof, OSI Group was able to both expand as well as secure the raw food they need in their European facilities.

In 2016, he also acquired both Baho Foods and Flagship Europe for OSI Group. When talking about both of these acquisitions he said that they complemented OSI Group very well and helps his company meet the evolving needs of their clients. In all three of these acquisitions the previous management teams were kept in place and they all now work for OSI Group.

David McDonald has said that the team at OSI Group expects to exceed the needs of their customers. A lot of the time this requires creativity, he says, as each client has particular needs such as the size and shape of a beef patty. He says one of the advantages of his company is that it is privately held, not publically. This means that his company can be a lot more flexible in coming up with solutions, and faster as well. He said another advantage of this is that they can plan for the longterm rather than always focusing on the results of any particular quarter.

Contact David McDonald: www.crunchbase.com/person/david-mcdonald-7#/entity

Posted in Leadership, OSI Group

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