In a significant event, Aptar, a global leader in dosing, dispensing, and protection technologies, celebrated the inauguration of Gulf Closures, an Aptar Company, in collaboration with Gulf Closures, a closure manufacturer for beverage products in Bahrain. The grand opening ceremony, held on December 7th, 2023, was graced by the presence of HE Mr. Abdullah bin Adel Fakhro, Minister of Industry and Commerce of the Kingdom of Bahrain.
The establishment of Gulf Closures as an Aptar Company follows Aptar’s majority stake acquisition in March 2023, signifying a strategic move to enhance global business capabilities by leveraging Gulf Closures’ manufacturing expertise, regional network, and experienced team. This initiative aims to better serve existing customers in the Middle East while exploring new market opportunities and reinforcing Aptar’s presence in the region.
The event underscored the robust partnership between Aptar and Zayani Industries, with a groundbreaking ceremony symbolizing the commencement of construction works for the site expansion, slated for completion in December 2024. Stephan Tanda, CEO and President of Aptar, shared the company’s vision and strategy in the Middle East, followed by insights from Hedi Tlili, Aptar Closures segment president, and Rashid Hamid Alzayani, Managing Director of Zayani Industries, expressing positive feedback on the collaboration.
The occasion marked the initiation of Gulf Closures, an Aptar Company’s plan to add 10 production lines in a new building, enhancing manufacturing capacity and product portfolio. This expansion is expected to contribute significantly to local economic development in the region.
In March 2023, Aptar Closures acquired a majority stake in Gulf Closures, marking its first manufacturing site in the Middle East and Africa. Aptar plans to invest around $10 million in expanding its business in the region, including the construction of a new molding area and the transfer of production lines to capture opportunities in markets such as sauces and condiments, edible oils, home care, personal care, and others.