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Oliver

Hauppauge, New York
Acquired: May 2016
Divested: July 2022
Industry: Packaging

While under Pfingsten’s ownership, Oliver was a leading provider of highly customized folding carton packaging and premium marketing collateral to a diverse customer base within the health and beauty, pharmaceutical, specialty food and beverage and consumer products end markets.

Acquisitions

Pohlig Packaging – Richmond, VA
DISC Graphics – Hauppauge, NY
Boutwell, Owens & Co. – Fitchburg, MA
Professional Image – Tulsa, OK

Kith Kitchens
Crane 1
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Oliver

Oliver was a leading provider of highly customized folding carton packaging and premium marketing collateral to a diverse customer base within the health and beauty, pharmaceutical, specialty food and beverage and consumer products end markets.

View Company profile
Dan Rodenbush, CEO, Oliver
Company Profile
Headquarters: Hauppauge, NY
Industry: Manufacturing
Previous Owner: Entrepreneur
Seller Re-investment: Yes
Employees: 493 (added 423 employees)
Pfingsten Value Creation:
  • Acquired four companies to diversify the customer base,expand end markets and open new geographic markets.
  • Invested over $22 million in capital equipment, IT systems and 5S initiatives
  • Implemented a professional business development team and process
  • Increased packaging as a percentage of revenue from ~25% to over 90% during our ownership period
  • Reduced top customer concentration from 35% at initial acquisition to less than 5% upon exit
Dan Rodenbush CEO, Oliver
Regulatory Disclosure