AptarGroup, Inc. provides a range of packaging delivery solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectables, food and beverage markets. Segments The company operates in three segments: Beauty + Home, Pharma, and Food + Beverage. BEAUTY + HOME The Beauty + 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. Beauty: The beauty market requires a range of spray pumps and sampling dispensing systems to meet functional, as well as aesthetic requirements. It offers cosmetic lotion pumps, airless dispensing systems and lotion sampling devices. Personal Care: The company’s personal care products include fine mist spray pumps, lotion pumps, closures and continuous spray aerosol valves. Its personal care spray pump applications include hair care, body care and sun care products. Lotion pump applications include skin moisturizers, hand sanitizers and soap. The company’s personal care closures applications include shampoos and conditioners. Its personal care continuous aerosol valve applications include hair care products, deodorants, shaving creams and sun care products. Home Care: Sales to the home care market include continuous or metered dose spray aerosol valves, closures, and 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. PHARMA The company is a supplier of pumps and metered dose inhaler valves (MDI's) to the pharmaceutical market worldwide. Prescription Drugs: Pumps sold to the prescription drug market deliver medications nasally, orally or topically. The majority of its pumps sold are for nasal allergy treatments. Its nasal pumps were also sold on pain management products primarily for post-operative pain management. Potential opportunities for providing alternatives to the traditional pill form of medication include pump dispensing systems for vaccine treatment, additional cold and flu treatments and hormone replacement therapies. MDI's are used for dispensing precise amounts of medication. This aerosol technology allows medication to be broken up into very fine particles, which enables the drug to be delivered typically via the pulmonary system. The majority of its MDI's sold are used for respiratory ailments. The company’s dose indicator for use with MDI's lets patients know how many doses are left in a container. This dose indicator was launched in the market on two different products—a European asthma medication and a U.S. allergy treatment. The company also developed new delivery device technologies featuring lock-out capabilities. Consumer Health Care: Applications for this market are sold over the counter without a prescription. 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 using its bag-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. Injectables: In 2012, the company acquired Rumpler—Technologies S.A., together with its direct and indirect subsidiaries (Stelmi). Stelmi is a producer of elastomer primary packaging components for injectable drug delivery and operates two manufacturing plants and a research and development facility in France. Injectable products offered include stoppers for infusion, antibiotic, lyophilization and diagnostic vials. Injectables also include pre-filled syringe components, such as plungers, needle shields, tip caps and cartridges, as well as dropper bulbs and disposable syringe plungers. FOOD + BEVERAGE The Food + Beverage segment primarily sells dispensing closures and non-dispensing closures, spray pumps and aerosol valves to the food and beverage markets. Food: The company’s sales primarily include dispensing closures and flow-control technologies. The company also sells non-dispensing closures, spray pumps and aerosol valves to this market. Applications for dispensing closures include sauces, condiments and food products. Applications for non-dispensing closures include granular and powder food products. Applications for continuous spray valves include cooking sprays. Spray pump applications primarily include butter or salad dressing sprays. Beverage: Beverage products utilizing dispensing closures include bottled water, sport and energy drinks, juices and concentrated water flavorings. Research and Development The company’s research and development activities are directed toward developing affordable new packaging delivery solutions and adapting existing products for new markets or customer requirements. Expenditures for research and development activities, net of certain research and development credits, included $71.8 million in 2013. Sales and Distribution The company sells its products primarily through its own sales force. To a limited extent, the company also uses the services of independent representatives and distributors who sell its products as independent contractors to certain smaller customers and export markets. Customers The company’s customers include beauty, personal care, pharmaceutical, home care, food and beverage marketers. It has approximately 5,000 customers. History AptarGroup, Inc. was founded in 1992. The company was incorporated in Delaware in 1992.
aptargroup inc (AGT:Berlin)
475 West Terra Cotta Avenue
Crystal Lake, IL 60014
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