CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--Feb. 29, 2016--
AptarGroup, Inc. (NYSE: ATR) today announced it has completed the
acquisition of Mega Airless, after receiving the necessary regulatory
approvals. As previously reported, this strategic acquisition adds
complementary products and market coverage to AptarGroup’s existing
diversified portfolio of business.
Stephen Hagge, President and Chief Executive Officer, commented, “As
anticipated, the closing of the Mega Airless acquisition went smoothly
and we will begin to integrate Mega Airless into Aptar’s global network.
This transaction will allow us to accelerate our growth in airless
systems.”
AptarGroup plans to report its first quarter results after the close of
trading on the New York Stock Exchange on Thursday, April 28, 2016.
AptarGroup will hold a conference call on Friday, April 29, 2016 at 8:00
a.m. CT to discuss first quarter results. The call will last
approximately one hour. Interested parties are invited to listen to a
live webcast by visiting the Investor Relations page at www.aptar.com.
Replay of the conference call can also be accessed on the Investor
Relations page of the web site.
AptarGroup, Inc. is a leading global supplier of a broad range of
innovative dispensing systems for the beauty, personal care, home care,
prescription drug, consumer health care, injectables, food and beverage
markets. AptarGroup is headquartered in Crystal Lake, Illinois, with
manufacturing facilities in North America, Europe, Asia and Latin
America. For more information, visit www.aptar.com.
This press release contains forward-looking statements. Words such as
“expects,” “anticipates,” “believes,” “estimates,” “future” and other
similar expressions or future or conditional verbs such as “will,”
“should,” “would” and “could” are intended to identify such
forward-looking statements. Forward-looking statements are made pursuant
to the safe harbor provisions of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934 and are
based on management’s beliefs as well as assumptions made by and
information currently available to management. Accordingly, AptarGroup’s
actual results may differ materially from those expressed or implied in
such forward-looking statements due to known or unknown risks and
uncertainties that exist including, but not limited to, the ability to
successfully integrate acquisitions; economic conditions worldwide as
well as potential deflationary conditions in regions we rely on for
growth; political conditions worldwide; significant fluctuations in
foreign currency exchange rates; changes in customer and/or consumer
spending levels; financial conditions of customers and suppliers;
consolidations within our customer or supplier bases; fluctuations in
the cost of raw materials, components and other input costs; the
availability of raw materials and components; our ability to increase
prices, contain costs and improve productivity; changes in capital
availability or cost, including interest rate fluctuations; volatility
of global credit markets; cybersecurity threats that could impact our
networks and reporting systems; fiscal and monetary policies and other
regulations, including changes in tax rates; direct or indirect
consequences of acts of war or terrorism; work stoppages due to labor
disputes; and competition, including technological advances. For
additional information on these and other risks and uncertainties,
please see AptarGroup’s filings with the Securities and Exchange
Commission, including its Form 10-Ks and Form 10-Qs. AptarGroup
undertakes no obligation to update any forward-looking statements,
whether as a result of new information, future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160229006584/en/
Source: AptarGroup, Inc.
AptarGroup, Inc.
Matthew DellaMaria, 815-477-0424