AptarGroup, Inc. (NYSE:ATR) is looking for M&A. Stephan Tanda President and CEO said during the 2023 Third Quarter Conference Call, "Now with respect to your M&A question, we continue to have an active M&A pipeline and look at opportunities along the lines that we have done before; technologies, geographic opportunities, venturing type investments. So we continue our M&A activity unabatedly. For every 10 deals you study or work on, maybe 1 happens.

Clearly, the high interest rates gives the sponsors a pause which may help us a little bit because we never look at these high leverage ratios. On the other hand, we also recognize that our cost of capital has gone up with the higher interest rates. So we continue to be a disciplined player in this game".