OSI Group, the world’s leading supplier of value-added food products recently inherited Flagship Europe, a leading supplier of sous vide products, frozen poultry, dressings, sauces and mayonnaise to Europe’s foodservice market. Flagship Europe was previously owned by Flagship Food Group, a firm based in Denver, Colorado. The firm became a leader in the food industry shortly after Calder Foods, a UK-based firm that supplies marinades, sauces, dips, mayonnaise and sandwich fillings bought it.
Speaking during the handover ceremony of Flagship Europe to OSI Group, CEO of Flagship Europe, Russell Maddock, said the move was another progressive and exciting development for the company. He said the acquisition of the firm by the world’s leading food supplier of value-added food products would significantly provide more resources at their disposal, ultimately providing Flagship Europe with more access to global markets and customers. The CEO stated the move would strengthen the firm’s position in today’s competitive marketplace, hence opening new opportunities which will lead to more revenues and further enable Flagship Europe to serve its clients better while supporting its already successful business.
David McDonald, the current President of OSI Group, said adding Flagship Europe to their European business will give the group a wider presence in Europe. He explained how the brands and products of Flagship Europe would complement the groups processing capabilities while improving the group’s potential to serve the evolving and emerging needs of their customers. Currently, the group has over 65 facilities worldwide, in addition to employing more than 21,000 workers in 17 nations. The group treats its clients to quality experience, thanks to its extensive capabilities of embracing superior custom food production. It is capable of meeting the huge global supply food needs through sourcing and processing. This enables the group to deliver great custom food products which have been meticulously processed to meet their clients’ needs.
The Group hopes to serve more clients following its recent acquisition of Flagship Europe. This is just one of the acquisitions the group has made to increase its production capabilities. Before purchasing Flagship, the group had previously bought Baho Food, a leading Dutch manufacturer of convenient foods ranging from snacks, deli meats to snacks. Moreover, the group had also acquired Atlantic Foods and renamed it Creative Foods. The CEO of the group expressed the group’s intentions to acquire more firms to broaden its market share.
The acquisition of Flagship Europe by OSI Group has opened a door of opportunities for the group. The move will take the group’s operations to a new level.
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This morning on Twitter, two people reported cases of food poisoning after dining in Chipotle restaurants in Manhattan. One report claimed the person was in urgent care needing two liters of fluid replacement after doctors found unusual bacteria, probably from unsafe food handling practices, in her stomach. The other said he was “sick all weekend” after eating at Chipotle.
In the past few months, Chipotle has been hit hard financially as a result of similar reports. This morning’s Twitter reports alone caused the company’s stock to fall by 3.5 percent. Last month, Chipotle’s stock price was the lowest it has ever been. The reports and worries of E. coli and norovirus (which started last fall) have also led to a huge drop in sales for the once extremely popular chain.
Despite all the fuss, Chipotle spokesman Chris Arnold rebutted the Twitter claims by saying the chain had not received any formal reports of food poisoning in any New York locations. He also defended the company by saying they “have excellent health department scores throughout the city, and [they] continue to have the highest standards of food safety in [their] restaurants.”
Chipotle has clearly been trying to clear its name in recent months by rolling out lots of new features. These include a rewards program, the addition of chorizo to the menu, and a fun new commercial that could have been made by Pixar.