Bunzl PLC Acquisition (0328G)
May 24 2017 - 1:00AM
UK Regulatory
TIDMBNZL
RNS Number : 0328G
Bunzl PLC
24 May 2017
24 May 2017
BUNZL COMPLETES ACQUISITION OF DDS
Bunzl plc, the international distribution and outsourcing Group,
today announces that the acquisition of Diversified Distribution
Systems, LLC (DDS), that was announced on 1 March 2017, has been
completed following clearance of the transaction by the Federal
Trade Commission in the US.
DDS is a distributor of goods not-for-resale and value-added
services to retailers and other general distribution customers,
principally throughout North America but also in Europe, the Middle
East and Asia. Based in Minneapolis and with four distribution
centres in the US and several third party logistic arrangements
internationally, the business supplies a wide range of packaging,
consumables and operating store supplies through a variety of
distribution and outsourcing programmes. Revenue in 2016 was US$312
million.
Enquiries:
Bunzl plc Tulchan
Frank van Zanten, Chief David Allchurch
Executive Stephen Malthouse
Brian May, Finance Director Tel: +44 (0)20 7353 4200
Tel: +44 (0)20 7725 5000
This information is provided by RNS
The company news service from the London Stock Exchange
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