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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2015
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 22 SUBSEQUENT EVENTS

On January 25, 2016, the Company announced it signed an agreement to acquire 100% of Mega Airless.  Mega Airless is a leading provider of innovative all-plastic airless dispensing systems for the beauty, personal care and pharmaceutical markets and operates two manufacturing facilities in Germany and one in the United States.  The transaction is subject to customary regulatory approvals and had not closed as of the date of this report but is expected to close prior to the end of the first quarter of 2016.

Under the terms of the agreement, the Company will acquire Mega Airless for an enterprise value of approximately €200 million ($218 million) in cash.  For the year ended December 31, 2015, we recognized $1.9 million in transaction costs related to the agreement.  These costs are reflected in the selling, research & development and administrative section of the Condensed Consolidated Statements of Income.