AptarGroup Completes Acquisition of Mega Airless
February 29 2016 - 5:00PM
Business Wire
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160229006584/en/
AptarGroup, Inc.Matthew DellaMaria, 815-477-0424
AptarGroup (NYSE:ATR)
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