OSI International Foods and Turi Foods completed a merger of their Australian operations, with the combined company to be known as Turosi Pty Ltd.
This merger, effective May 5, creates a strong strategic alliance and enables Turosi to offer a full range of food solutions to the marketplace, complementing the strong OSI brand with the existing food brands of La Ionica, Bannockburn, Golden Farms and Colonial Farm, OSI Group stated in a press release.
Turi Foods is a family owned company based in Thomastown, Victoria, with processing facilities throughout the state. The company is one of the largest poultry processors in Australia, supplying products to major supermarkets, quick service restaurants, specialty chicken retailers, butcher shops, and roast chicken outlets.
“OSI and Turi Foods believe that a shared ownership will enable the organization, whose cultures are similar, to share their expertise to build a world-class food solutions group,” said Sam Cuteri, chairman of Turi Foods. “We look forward to bringing together the dedicated teams of both OSI and Turi.”
OSI International Foods is a privately owned company that supplies major quick service restaurants, foodservice markets and retail outlets across the Asia Pacific region, with food solutions across a wide range of proteins.
“OSI and Turi have built a business of strong reputation with the customers each company serves,” said David G. McDonald, president and chief operating officer of OSI Group. “With the merger between OSI and Turi, we see tremendous potential to serve our customers in new innovative ways and offer more opportunities for our mutual teams to excel together in this new exciting organization, Turosi.”
Turi Foods and OSI will continue to operate their plants out of Thomastown and Geelong Victoria, while further processed products will continue to be manufactured at Broadmeadows, Victoria; Eagle Farm, QLD; and Blacktown, NSW, along with their various farming operations in Victoria.