ACQUISITIONS

12 Months Ended

Dec. 31, 2015

ACQUISITIONS

ACQUISITIONS

NOTE 19  ACQUISITIONS

On January 25, 2016, the Company announced it has signed an agreement to acquire Mega Airless.  Further information about this transaction can be found in Note 22 – Subsequent Events.

In December 2013, AptarGroup acquired a 20% non-controlling investment in Bapco Closures Holding Limited (Bapco) for approximately $5.2 million.  In addition to this equity stake, the Company secured an exclusive global license related to innovative closures sealing technology that provides package integrity and tamper evidence.  This investment is being accounted for under the equity method of accounting from the date of acquisition and, since it does not have a material impact on the results of operations in 2015, 2014 or 2013, pro forma information is not presented.