Entrepreneur, OSI Group food

How Sheldon Lavin Turned Around The Fortunes Of OSI Group Industries

Mr. Sheldon Lavin has left his imprints in the global food industry. He owns a meat and food processing company, OSI Group Industries that has dominated the American food sector for eons. Mr. Sheldon Lavin has a professional background in financial services. The billionaire entered the food sector with little knowledge in food processing but eventually became an expert in the field. Before, Sheldon Lavin was a financial consultant who ran a financial services consultancy firm.

Sheldon Lavin entered the food processing industry in 1970. At that time, he was managing the financial books of Otto & Sons Company. As a financial consultant for the firm, he was tasked with the responsibility of raising finances for the company through banks. During his early days at Otto, the company secured an opportunity to work with McDonald’s as the retailer’s supplier of hamburgers. Consequently, the entrepreneur succeeded in arranging for a credit facility for Otto.

The bank that was financing the new project of Otto & Sons requested Lavin to own stake in the firm. The businessman declined the proposal opting for his previous role as the financial consultant of the enterprise.

In the mid-1970s, Sheldon’s responsibilities at Otto increased substantively. The owners of the firm offered the stake of the company to investors in overseas countries. Mr. Sheldon decided to put his money in the business. He became a stakeholder together with the two sons of the proprietor, Otto. Later, Sheldon Lavin took the full ownership of the company. Under Sheldon’s leadership, Otto & Sons rebranded to OSI group. The firm expanded its product line and increased its outlets across the globe. The products of OSI Group are available in over six continents across the world.

At 81, Sheldon Lavin is unrelenting in his quest to establish OSI Group in the foreign markets further. Currently, the firm is listed as one of the most prominent privately-held food company in the world. The company owns 55 food processing facilities in various international locations across the globe.

Professionally, Sheldon Lavin has majored in finance and accounting. The business leader is well acquainted with how the world of financial services works. Several institutions have recognized Mr. Sheldon’s impact to communities across the globe. The billionaire is actively involved in philanthropy. Some of the great programs that Sheldon supports include the Jewish United Fund, Inner City Foundation, and the United Negro College Fund.

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