OSI Group said it has acquired Rose Packing Co., Inc., a Barrington, Ill.-based producer of pork products for the food service and retail industries. Financial terms of the transaction were not disclosed.
Established in 1924, Rose Packing operates a production facility in Chicago with more than 700 employees. The company’s products include Canadian bacon, hams, ethnic sausages, Guinness beer brats, breakfast sausages, meatballs, burgers, loins, chops, ribs, boneless turkey, pork shoulder, and pizza and salad toppings.
“This transaction brings together two longtime leaders in the food industry, and we are excited to have Rose join the OSI Group,” says 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.”
Dwight Stiehl, chief executive officer of Rose Packing, along with the rest of the Rose Packing 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 says. “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.”