Oliver Printing & Packaging, a portfolio company of Pfingsten, has acquired folding cartons, micro-fluted corrugated boxes and setup boxes manufacturer Pohlig Packaging for an undisclosed sum.
Under the transaction, which closed on 14 August 2017, the facilities and employees of Pohlig will be retained by the firm.
Pohlig, headquartered in Richmond, US, employs over 85 people and serves the food and grocery, consumer products, automotive aftermarket and healthcare sectors.
Oliver chairman Brian Dunsirn said: "Pohlig will expand our packaging capabilities, customer base and end markets. Oliver and Pohlig are highly complementary with similar customer-centric cultures."
Pohlig managing partner Mike Gaffney said: "Together, we will be able to better serve our combined customer base with additional resources, equipment and capabilities."
In May 2016, Pfingsten became the majority stake holder of Oliver. The acquisition will enable Pfingsten to deliver high quality packaging and collateral solutions marketing.
Oliver provides marketing collateral and packaging solutions to custmers across the health and beauty, consumer products, financial services, building products and specialty food and beverage end markets.
Oliver Printing, founded in 1924, has over 200 employees and specializes in sheet-fed printing, digital printing, variable data, structural design, folding cartons, bindery, on-demand, wide-format, POP, POS, packaging, kitting / assembly, package design, die cutting and contract packaging.
Established in 1989 and headquartered in Chicago, Pfingsten has offices across China and India, and has acquired over 120 manufacturing, distribution and business services firms till date
