AptarGroup, Inc. provides a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectables, food, and beverage markets. Strategy The key elements of the company’s strategy are to develop market focused packaging solutions and convert less convenient or non-dispensing applications to convenient dispensing systems or replacing current dispensing applications with more value-added dispensing products; expand, through internal growth or through acquisition, its geographic footprint and portfolio of solutions in order to serve global consumer and pharmaceutical companies across various end uses; develop products that provide them market differentiation related to convenience of use, product security and regulatory compliance; and use its market research and insight into consumer behaviors to develop and license innovative new product. Segments The company’s segments include 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. The company supplies the products it sells primarily to the beauty, personal care and home care markets. Beauty: The company provides packaging solutions for prestige and mass market fragrance products. Its cosmetic lotion pumps, airless dispensing systems, lotion sampling devices and decorative capabilities would also provide growth opportunities. It sells products for cosmetic applications in Asia. Personal Care: 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 spray aerosol valve applications include hair care products, deodorants, shaving creams and sun care products. Home Care: 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 Pharma segment is a supplier of pumps and metered dose inhaler valves (MDI’s) to the pharmaceutical market worldwide and is a supplier of elastomer for injectables primary packaging components worldwide. Prescription Drug: Pumps sold to the prescription drug market deliver medications nasally, orally or topically. The majority of the company’s pumps sold are for nasal allergy treatments. The company’s nasal pumps and unit dose devices are also used to deliver pain management products. Potential opportunities for providing alternatives to traditional pill and injectable dosage forms of medication include pump dispensing systems for vaccines, cold and flu treatments, central nervous systems applications and hormone replacement therapies. MDI’s are used for dispensing precise amounts of aerosolized medication. The majority of the company’s MDI’s sold are used for respiratory ailments, such as asthma and COPD (chronic obstructive pulmonary disease). The company develops new dispensing systems and accessories in this segment. The company provides single dose delivery devices suitable for central nervous system applications. Consumer Health Care: 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 the company’s bag-on valve technology. The company has developed a multi dose ophthalmic dispensing device suitable for unpreserved medicinal formulations. Other products sold to this market include airless pump systems for dermal applications. Injectables: Injectables are elastomeric primary packaging components for injectable drug delivery. Injectable products offered include stoppers for vials, pre-filled syringe components, such as plungers, needle shields, tip caps and components for cartridges, as well as syringe plungers. Pharmaceutical applications for this market include vaccines, anti-thrombotic, small molecules and biologics. The company’s components are used in the injectables market. Products include stoppers for infusion, antibiotic, lyophilization and diagnostic vials. Food + Beverage The Food + Beverage segment primarily sells dispensing closures and, to a lesser degree, non-dispensing closures, spray pumps and aerosol valves. Food: Sales to the food market primarily include sales of dispensing closures and elastomeric flow-control components. To a lesser degree the company also sells non-dispensing closures, continuous spray aerosol valves and spray pumps to this market. Applications for dispensing closures include sauces, condiments and food products. Applications for non-dispensing closures include granular and powder food products along with baby food closures. Applications for continuous spray aerosol valves include cooking sprays. Spray pump applications primarily include butter or salad dressing sprays. Beverage: Sales to the beverage market primarily include sales of dispensing closures and elastomeric flow-control components. Beverage products utilizing dispensing closures include bottled water, sport and energy drinks, juices and concentrated water flavorings. Research and Development For the year ended December 31, 2015, the company’s research and development activities included $67.1 million. Customers The company has approximately 5,000 customers. International Business The company has sales operations in Asia, Europe, Latin America (including Mexico) and North America. History AptarGroup, Inc. was founded in 1992. The company was incorporated in Delaware in 1992.
aptargroup inc (ATR:New York)
475 West Terra Cotta Avenue
Crystal Lake, IL 60014
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