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AptarGroup acquires French cosmetics packaging firm

Unipack.ruUnipack.ru / 20.10.2005

AptarGroup (USA) has acquired French fragrance and cosmetic packaging components manufacturer MBF Developpement for around USD 53m, including USD 43m in cash and USD 10m in assumed debt. MBF´s technology includes advanced moulding capabilities as well as decoration and varnishing of plastic components. The company has annual sales of around USD 52m. AptarGroup manufactures a wide range of dispensing systems for the personal care, fragrance/cosmetic, pharmaceutical, household and food/beverage markets.

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