# Aptar acquires 49% stake in Chinese cosmetics packaging maker BTY

AptarGroup has signed an agreement to acquire a 49% equity stake in three BTY-related companies, which are leading Chinese manufacturers of decorative metal components and full color cosmetics packaging. The deal is expected to close by the end of 2019.

- Type: Acquisition
- Announced: 2019-10-08
- Where: Suzhou, Jiangsu, China, China
- Status: announced
- Products: decorative metal components, metal-plastic semi-finished products, full color cosmetics packaging, lipstick devices
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Aptar](https://endata.com/companies/2882.md) (acquirer)
- [BTY](https://endata.com/companies/42571.md) (target)

## Sources

- [news.yesky.com](https://news.yesky.com/464/2021029464.shtml), 2019-10-08: "We are committed to developing our business in Asia and building a stronger local presence in the region."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.