Fire Damages an AptarGroup Facility in France

June 27, 2016 | By Business Wire News

CRYSTAL LAKE, Ill.

A fire caused damages to AptarGroup’s facility in Annecy, France on June 25. There were no reported injuries. The cause of the fire is under investigation and was contained to one of three production units.

Aptar Annecy supplies anodized aluminum components for certain AptarGroup dispensing systems. While repairs are underway, AptarGroup will source from its network of suppliers as well as from its anodizing facility in Brazil. AptarGroup is insured for the damages caused by the fire, including business interruption insurance.

AptarGroup, Inc. (NYSE: ATR) is a leading global supplier of a broad range of innovative dispensing solutions for the beauty, personal care, home care, prescription drug, consumer health care, injectables, food and beverage markets. AptarGroup has manufacturing facilities in North America, Europe, Asia and South America. For more information, visit www.aptar.com.

This press release contains forward-looking statements regarding the impact and consequences of the fire at the Company’s facility in Annecy, France, including, among other things, the Company’s sourcing from suppliers and its ability to recover insurance.The potential damages from this incident remain uncertain.Forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are based on our beliefs as well as assumptions made by and information currently available to us. Accordingly, our actual results may differ materially from those expressed or implied in such forward-looking statements due to known or unknown risks and uncertainties. For additional information on these and other risks and uncertainties, please see our filings with the Securities and Exchange Commission, including the discussion under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Form 10-Ks and Form 10-Qs. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.