# Pfingsten portfolio company Oliver acquires Boutwell, Owens & Co. packaging maker

Oliver Inc., a Pfingsten portfolio company, acquired Boutwell, Owens & Co., a folding carton and blister card packaging manufacturer serving several markets. The transaction closed on March 31, 2021 and was announced April 6, 2021. Boutwell continues operating from Fitchburg, Massachusetts.

- Type: Acquisition
- Announced: 2021-04-06
- Where: Fitchburg, MA, United States
- Status: completed
- Products: folding cartons, blister card packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Pfingsten](https://endata.com/companies/4403.md) (investor)
- [Oliver Inc.](https://endata.com/companies/7819.md) (acquirer)
- [Boutwell, Owens & Co.](https://endata.com/companies/7820.md) (target)
- [Boutwell Packaging](https://endata.com/companies/7860.md) (target)

## Sources

- [pfingsten.com](https://pfingsten.com/pfingsten-completes-third-acquisition-for-packaging-platform/), 2021-04-06: "The transaction closed on March 31, 2021."
- [packworld.com](https://www.packworld.com/leaders-new/materials/labels/news/21391764/oliver-inc-oliver-inc-acquires-boutwell-packaging), 2021-04-21: "Oliver Inc. acquired Boutwell Packaging a manufacturer of folding carton and blister card packaging serving personal care, healthcare, food and beverage, and consumer products markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.