OSI Group Acquires Rose Packing Company, Inc.
Source: OSI Group
via PerishableNews.com - April 10, 2019
Aurora, IL, USA – OSI Group is pleased to announce the acquisition of Rose Packing Company, Inc., a well-established, premier U.S. producer of pork products for leading foodservice and retail customers.
A fifth generation, family-owned and operated leader in the meat industry, Rose is headquartered in Barrington, Illinois, and operates a Chicago production facility with more than 700 employees.
“This transaction brings together two long-time leaders in the food industry, and we are excited to have Rose join the OSI Group,” said Kevin Scott, Senior Executive Vice President, OSI North America. “Strategically, the Rose acquisition complements our existing business and directly supports our growth strategy by providing new processing capabilities, additional capacity, and a strong sales presence in attractive channels. Culturally, we share with Rose a deep commitment to our customers to provide them unique, innovative solutions.”
Rose Packing Company Chief Executive Officer, Dwight Stiehl, along with his management team, will remain with the company and work with OSI leadership on post-transaction integration.
“I look forward to working closely with OSI as Rose becomes part of the larger OSI Group,” Stiehl said. “This is a great fit because Rose and OSI share a commitment to excellence and the importance of strong business relationships. Between the two organizations we’re proud to possess more than two centuries of expertise in the meat industry with deep roots in Chicago.”
OSI is acquiring all of Rose Packing Company’s assets as part of the transaction.