AptarGroup purchases Mega Airless for $218 million


AptarGroup Inc. (Crystal Lake, IL) has signed an agreement to purchase Mega Airless (Villingen-Schwenningen, Germany), a provider of airless dispensing systems for the beauty, personal care and pharmaceutical markets. This strategic move will enhance AptarGroup’s already diversified portfolio of business.

The $218 million buyout will be funded with available cash on hand in Europe and an existing revolving credit facility. The transaction is expected to be finalized in the first quarter of this year.
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