AptarGroup completes acquisition of Mega Airless
CRYSTAL LAKE - AptarGroup Inc. said it has completed the acquisition of Mega Airless, after receiving the necessary regulatory approvals.
AptarGroup announced in January it would acquire Mega Airless, a provider of innovative airless dispensing systems for the beauty, personal care and pharmaceutical markets, for approximately $218 million. The acquisition adds complementary products and market coverage to AptarGroup's existing diversified portfolio of business.
"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," said President and Chief Executive Officer Stephen Hagge.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.