Profile: Aptargroup Inc (ATR)
30 Mar 2015
AptarGroup, Inc., incorporated on September 3, 1992, is a global solution provider of a range of packaging delivery solutions primarily for the beauty, personal care, home care, pharmaceutical, food and beverage markets. The Company operates in three segments: Beauty and Home, Pharma and Food and Beverage. Beauty and Home segment includes operations that sell dispensing systems primarily to the beauty, personal care and home care markets. Pharma segment includes operations that sell dispensing systems or primary packaging components to the prescription drug and consumer health care markets. Food and Beverage segment includes operations that sell dispensing systems to the food and beverage markets. The Company has manufacturing facilities located throughout the world, including North America, Europe, Asia and South America. The Company’s subsidiaries include AptarGroup S.A.S. and Aptar France S.A.S. The Company also manufactures and sells elastomer primary packaging components. These components are used in the injectable market. Products include stoppers for infusion, antibiotic, lyophilization and diagnostic vials. The Company’s elastomer components also include pre-filled syringe components, such as plungers, needle shields, tip caps and cartridges, as well as dropper bulbs and disposable syringe plungers.
Beauty and Home
The Company’s Beauty and Home segment primarily sells pumps, closures, aerosol valves and accessories to the personal care and home care markets and pumps and decorative components to the beauty market. The Company is a supplier of beauty and personal care fine mist spray pumps worldwide and is also a supplier of personal care lotion pumps worldwide. The Company’s personal care products include fine mist spray pumps, lotion pumps, closures and continuous spray aerosol valves. Personal care spray pump applications include hair care, body care and sun care products. Typical lotion pump applications include skin moisturizers, hand sanitizers and soap. Personal care closures applications include shampoos and conditioners. Personal care continuous aerosol valve applications include hair care products, deodorants, shaving creams and sun care products. Home care products primarily use continuous or metered dose spray aerosol valves, closures and to a lesser degree spray and lotion pumps. Applications for continuous spray valves include disinfectants, spray paints, insecticides and automotive products. Metered dose valves are used for air fresheners. Closure applications include liquid detergents and household cleansers. Spray and lotion pump applications primarily include household and industrial cleaners.
The Company’s Pharma segment is the profitable segment and it is a supplier of pumps and metered dose inhaler valves (MDI's) to the pharmaceutical market worldwide and is a supplier of elastomer primary packaging components worldwide. It has manufacturing facilities in Argentina, China, France, Germany, India, Switzerland and the United States. MDI's are used for dispensing precise amounts of medication. The Company’s MDI's sold are used for respiratory ailments. The Company’s pumps are sold for nasal allergy treatments. Typical consumer health care spray pump applications include nasal decongestants, nasal salines and cough and cold applications. Typical consumer health care valve applications include nasal saline usingthe Company'sbag-on valve technology. Other products sold to this market include dispensing closures primarily for ophthalmic liquid products and lotion and airless systems for dermal applications.
Food and Beverage
The Company primarily sells dispensing closures and to a lesser degree, non-dispensing closures, spray pumps and aerosol valves to the food and beverage markets. Food products primarily use dispensing closures and to a lesser degree, non-dispensing closures, spray pumps and aerosol valves. Applications for dispensing closures include sauces, condiment and powdered infant formula closures while non-dispensing closures include granular and powder additives. Applications for continuous spray valves include cooking sprays. Spray pump applications primarily include butter or salad dressing sprays.
475 W Terra Cotta Ave Ste E
CRYSTAL LAKE IL 60014-3407