Aptar Announces the Completion of the Acquisition of a Majority Stake in Voluntis
AptarGroup, Inc. announced that following the signature of a share purchase agreement on July 22, 2021 and the approval of the French Ministry of Economy under the foreign investment clearance regulations, it has completed the acquisition of a majority stake in Voluntis from the company’s reference shareholders and certain members of the management. The stake acquisition represents approximately 64.6% of the share capital of Voluntis, at a price of €8.70 per share. In accordance with applicable regulation, Aptar will launch a mandatory cash tender offer to acquire Voluntis’ remaining shares for the same price of €8.70 per share. Aptar intends to file the Tender Offer with the French Markets Authority in September 2021 and the Tender Offer will be subject to the regulatory clearance from the AMF.