Hengeler Mueller advises AptarGroup on acquisition of Mega Airless
29. January 2016
AptarGroup Inc. ("Aptar"), a leading global manufacturer of dispensing systems for the segments beauty and home, food and beverage as well as pharmacy, headquartered in Chicago, today announced the acquisition of the Mega Airless Group.
Aptar has more than 13,000 employees in 20 different countries and operates production facilities in North Africa, Europe, Asia and South America. The strategic acquisition adds complementary products and market coverage to Aptar's existing diversified portfolio of business. The transaction is subject to customary regulatory approvals and is expected to close in the first quarter of this year. The agreed purchase price amounts to around €200m.
The Mega Airless Group is a provider of special airless dispensing systems for creams, gels and similar liquids used in market segments such as beauty, personal care and pharmacy. It operates production facilities in Germany (Villingen-Schwenningen) and in New Jersey/USA. Hengeler Mueller is advising AptarGroup on the transaction.
The Hengeler Mueller team includes partners Daniel Wiegand (M&A, Munich), Thomas Meurer (M&A, Düsseldorf), AlfHenrik Bischke (Antitrust) (both Düsseldorf) and Matthias Scheifele (Tax, Frankfurt) as well as associates Philipp Dornbach, Jakub Lorys (both M&A, Munich), Andreas Lischka and Ute König (both M&A, Düsseldorf). Responsible for this transaction within AptarGroup's in-house legal department is Anne Vergnaud (Paris).