Our Dispensing and Specialty Closures segment, our largest segment by operating income, is also our fastest growing segment, benefitting from significant acquisition opportunities, superior commercial and operational performance, and robust and diverse end market demand growth.
In fact, we’ve grown sales in this business at a compound annual growth rate of 12.6% since we established this segment in 2003. We design, manufacture, and sell dispensing systems, metal closures and plastic closures to meet the unique needs of our customers primarily for the food, beverage, health care, home & garden, personal care, fragrance and beauty end markets.