Bunzl PLC Acquisitions (8771T)
December 19 2012 - 1:00AM
UK Regulatory
TIDMBNZL
RNS Number : 8771T
Bunzl PLC
19 December 2012
19 December 2012
BUNZL MAKES TWO FURTHER ACQUISITIONS
Bunzl plc, the international distribution and outsourcing Group,
today announces that it has made two further acquisitions in Canada
and Australia.
The Company has acquired the business of McCordick Glove &
Safety Inc in Canada. Based near Toronto, McCordick is a
distributor of gloves and other personal protection equipment to a
variety of industrial and retail customers as well as to
redistributors. Revenue in the year ended 31 December 2011 was
C$53.0 million.
Bunzl has also acquired Atlas Health Care Pty Limited in
Australia. Based in Adelaide, the business is principally engaged
in the supply of medical consumables to the healthcare sector.
Customers include nursing homes, hospitals and medical centres
throughout South Australia and Victoria. Revenue in the year ended
30 June 2012 was A$21.9 million.
Commenting on the acquisitions, Michael Roney, Chief Executive
of Bunzl, said:-
"McCordick Glove enables us to enter the personal protection
equipment sector in Canada which is a product area where we have
already been very successful in a number of countries. It has a
varied and successful range of own brand products which will
enhance the Company's existing safety product offering.
Atlas Health Care is an excellent addition to our existing
healthcare supplies operations in Australia and gives us an
enhanced market position in this growing sector. It will also allow
us to expand their extensive product offering to our current
healthcare customers.
We are delighted to welcome all employees of both businesses to
Bunzl."
Enquiries:
Bunzl plc Tulchan
Michael Roney, Chief Executive David Allchurch
Brian May, Finance Director Stephen Malthouse
Tel: 020 7725 5000 Tel: 020 7353 4200
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQUKONRUUAUARA
Bunzl (LSE:BNZL)
Historical Stock Chart
From May 2024 to Jun 2024
Bunzl (LSE:BNZL)
Historical Stock Chart
From Jun 2023 to Jun 2024