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Purchase allows Oliver to expand its product offerings and strengthen its position as a large independent specialty packaging supplier.
January 19, 2023
By: Charlie Sternberg
Associate Editor
Oliver Inc. has acquired Tap Packaging + Design, a manufacturer of custom folding cartons, serving customers in food and beverage, beauty products, confection, health and wellness and consumer goods markets. Based in Cleveland OH, Tap Packaging will continue delivering design-forward packaging solutions from its current location. This partnership will allow Oliver to expand its product offerings and strengthen its position as a large independent specialty packaging supplier. “We are thrilled to welcome the Tap team to the Oliver family,” said Dan Rodenbush, President/CEO of Oliver Inc. “Their diverse range of capabilities will allow us expand our product offerings and enhance our overall service for our customers.” “Oliver and Tap Packaging share similar core values and both companies have a passion for providing an exceptional customer experience,” added David Chilcote, chairman of Tap Packaging. “Partnering with Oliver increases our capacity, provides redundancy, and allows us to better leverage our combined scale to offer enhanced solutions for our customers.” Oliver has made significant investments in modern equipment, facilities, and people since 2016. The Tap Packaging transaction will represent Oliver’s fifth strategic acquisition and aligns with the company’s vision to build a leading provider of innovative, specialty packaging solutions. The transaction closed on January 18th, 2023.
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